Europe’s Largest Fintech Is Dropping USDT: Here’s the Timeline
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Europe’s Largest Fintech Is Dropping USDT: Here’s the Timeline

By Samuel

Revolut will stop supporting USDT on August 31, after ending purchases July 6 and new deposits July 30 for affected users.

Revolut has told customers it will stop supporting USDT on August 31 through app alerts and emails. The move will end access to one of the most used stablecoins on its platform.

Users can still buy USDT until July 6, based on the notice sent to customers. After that date, new purchases will no longer be available inside the app.

Revolut will also stop accepting new USDT deposits on July 30. Existing holders will still have time to sell or withdraw their balances before the final deadline.

After August 31, any USDT left in user accounts will be converted into fiat currency. The conversion will use the exchange rate available at that time.

Revolut Confirms USDT Delisting Dates

Revolut has set a phased schedule for removing USDT support from its platform. The first change will take effect on July 6. From that date, customers will no longer be able to buy USDT.

The next step will come on July 30, when new USDT deposits will stop. This means users cannot add more USDT to their Revolut accounts. Still, existing balances will remain available during the transition period.

The final deadline is August 31, when Revolut will fully end USDT support. Until then, users can sell USDT or withdraw it to external wallets. The company has shared the timeline through emails and push notifications.

Users Have Options Before Support Ends

Revolut users who hold USDT still have several choices before the cutoff date. They may sell their USDT through the app before August 31. They may also transfer the token to another wallet that supports USDT.

After the deadline, Revolut will convert any remaining USDT into fiat currency. The final amount will depend on the exchange rate at conversion. Therefore, users may choose to act before the automatic process begins.

The staged process gives customers time to manage their holdings. It also gives users clear dates for purchases, deposits, sales and withdrawals. For affected customers, the main dates are July 6, July 30 and August 31.

Read also: Revolut Posts $2.3B Profit, Extends Five-Year Profit Streak

Stablecoin Access Remains Under Review

USDT is a dollar-linked stablecoin used widely across crypto trading markets. Many traders use it for transfers, market moves and exchange balances. Revolut’s decision changes how its customers can access USDT through the app.

The delisting notice only applies to USDT support on Revolut. It does not state that all crypto services will end. Users should review the app for the current list of available assets.

The decision comes as fintech firms continue reviewing digital assets offered to retail users. Stablecoins remain a key part of crypto trading activity. For Revolut customers, the timeline now gives a clear path before USDT support ends.

Samuel

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Samuel

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