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Revolut to delist USDT only for EEA and Switzerland
The digital bank links the move to a review of its crypto services under the EU's MiCA rules, and said it notified some users that USDT would be removed by Aug. 31, 2026.
Revolut said its decision to wind down support for Tether USDt (USDT) is limited to customers in the European Economic Area and Switzerland, while USDT support remains unchanged in other markets, according to Cointelegraph. The company is discontinuing USDT for EEA customers as it reviews its crypto offering in light of the evolving European Union regulatory framework under the Markets in Crypto-Assets Regulation, or MiCA.
Cointelegraph reports that the change follows earlier steps, including removing USDT from Revolut X for EEA customers. The latest step completes the removal of USDT from its EEA retail offering, and Revolut previously told some European users it planned to delist the stablecoin by Aug. 31, 2026.
Revolut, in the Cointelegraph account, did not explain why Swiss customers are included. The outlet also notes that MiCA is designed for EU markets but is expected to extend across the EEA, which includes EU member states plus Norway, Iceland, and Liechtenstein.
Cointelegraph adds that Switzerland is not part of the EU or the EEA and is not directly covered by MiCA. Revolut did not provide a list of additional jurisdictions where the delisting would apply beyond those mentioned.