Revolut Says USDT Delisting Applies Only to EEA and Switzerland

Revolut said its USDT support remains unchanged outside the European Economic Area and Switzerland. The company is winding down the stablecoin offering only in selected European markets.

Revolut Says USDT Delisting Applies Only to EEA and Switzerland

What happened?

Revolut said its USDT support remains unchanged outside the European Economic Area and Switzerland. The company is winding down the stablecoin offering only in selected European markets.

Why it matters

Revolut said its delisting of USDT is limited to the European Economic Area and Switzerland, while support for the stablecoin remains unchanged in other markets.

Revolut said its delisting of USDT is limited to the European Economic Area and Switzerland, while support for the stablecoin remains unchanged in other markets.

The clarification matters for users trying to understand where Revolut’s crypto services are changing. Based on the company’s statement, the wind-down affects selected European markets rather than representing a global removal of USDT from the platform.

USDT is one of the most widely used stablecoins in crypto trading and payments, so changes to its availability on consumer finance platforms can affect how customers access stablecoin services in specific regions.

For Revolut users outside the EEA and Switzerland, the company said USDT support remains unchanged. Users in the affected European markets, however, are subject to the platform’s wind-down of the stablecoin offering.

The update frames the move as a regional change to Revolut’s crypto product availability, not a broad shift in USDT support across all jurisdictions where the company operates.

Source: Cointelegraph

Keep exploring

Related stories

Bitget to Leave Japan and Close Remaining Positions by Year-End

Bitget to Leave Japan and Close Remaining Positions by Year-End

Bitget plans to exit the Japanese market and close all remaining positions by the end of the year. The move adds to ongoing shifts among crypto companies navigating Japan’s regulatory environment.

Read
State of Crypto countdown highlights key industry developments

State of Crypto countdown highlights key industry developments

CoinDesk’s State of Crypto coverage counts down recent developments shaping the crypto policy and market landscape. The report frames these changes as important for how companies and participants navigate the sector.

Read
Strategy Keeps STRC Dividend at 12%

Strategy Keeps STRC Dividend at 12%

Strategy said it is holding the dividend on its STRC preferred stock at 12%. The decision keeps the payout unchanged for investors in the company’s yield-focused security.

Read