Revolut Drops USDT Only in Europe, Not Globally
Revolut is delisting USDT in the EEA and Switzerland but confirmed the stablecoin stays live everywhere else.
If you're a Revolut user outside Europe, relax — your USDT isn't going anywhere. The fintech giant confirmed this week that its wind-down of Tether support is strictly limited to the European Economic Area and Switzerland. Every other market keeps access as normal.
The move reflects a broader regulatory squeeze hitting stablecoins in Europe. The EU's MiCA framework has been tightening the screws on non-compliant stablecoins, and USDT — the world's largest by market cap — has struggled to secure the necessary approvals under the new ruleset. Revolut is essentially cutting its exposure before regulators force the issue.
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For EEA and Swiss customers, this is a real inconvenience. USDT dominates crypto trading pairs globally and is the go-to dollar-pegged asset for moving in and out of positions fast. Losing native access through Revolut means finding a workaround or switching platforms entirely.
The silver lining? Revolut's global footprint means the company clearly isn't anti-stablecoin. This looks like a compliance-driven, regional decision rather than a philosophical shift away from digital dollars. Watch for regulated euro-backed or MiCA-compliant alternatives to potentially fill the gap on the platform going forward.
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