Revolut to Delist USDT in August Over Regulatory and Risk Concerns

Revolut has notified some customers that it will delist USDT after Aug. 31, with any remaining balances automatically converted into the user’s base currency. The move affects the stablecoin Tether (USDT) on the platform and signals a change in how the company handles the asset for affected users.

The decision matters because USDT is one of the most widely used stablecoins in crypto markets, and changes at a major fintech platform can affect how users access and hold digital assets. Delistings like this can also reflect the growing pressure companies face to manage regulatory and risk-related concerns around crypto offerings.

According to the source, Revolut cited regulatory and risk concerns in connection with the delisting. The company’s approach means customers do not need to manually sell or move funds before the cutoff if they still hold USDT at that time, since their balances will be converted automatically.

For users, the key takeaway is to check account notices and understand how the conversion will be applied within their Revolut accounts. For the broader market, the move adds to the list of cases where platforms adjust support for specific crypto assets in response to compliance and risk considerations.

The development comes as crypto service providers continue to balance user demand with operational and regulatory requirements. In this case, Revolut’s decision centers on limiting exposure to USDT while preserving access to funds through conversion into base currency.