Revolut has confirmed it will remove Tether’s USDT from eligible European accounts after new European Union crypto rules took effect under the Markets in Crypto-Assets (MiCA) framework.

Customers can buy USDT until July 6. Beginning July 30, the platform will stop accepting new USDT deposits. Users can sell tokens or transfer them to supported external crypto wallets until Aug. 31.

After the deadline, remaining USDT will be automatically converted into the user’s base currency using the exchange rate at the time the delisting takes effect.

The restrictions apply only to notified eligible European users — not global Revolut accounts.

Revolut linked the decision to MiCA, which requires stablecoin issuers and crypto service providers operating in the bloc to comply with licensing, reserve, disclosure, and supervisory rules.

Tether has not secured the electronic money authorization required for stablecoin issuers operating within the EU.

Tether also recently froze 131 TRON wallets after OFAC updated sanctions targeting ISIS-K-linked addresses on July 1, 2026 — a separate compliance story from the MiCA delisting.