Revolut USDT Delisting on August 31, 2026: What Happens to Your Balance

Revolut customers in the European Economic Area and Switzerland holding USDT face one date: 31 August 2026. Revolut ends support for the token that day, and any USDT left in the app is automatically converted into the account's main currency at what Revolut calls "the current market rate". Nothing has to be done for that to happen — it is the default outcome. Buying USDT already stopped on 6 July, deposits after 30 July. The EEA scope takes in Norway, Iceland and Liechtenstein, which are not EU member states; Revolut says support continues in other markets, and the notice is absent from its UK help centre.

The timeline

Revolut's help pages publish no dates: the timeline comes from the customer notice reproduced by Cointelegraph.

Why this is happening

Revolut's help centre states that USDT "does not currently meet the stablecoin regulatory requirements that apply to crypto services provided in your region", and names the EU's Markets in Crypto-Assets Regulation (MiCA). The customer notice itself cited only "regulatory and risk considerations".

The operative provision is Article 48(1) of Regulation (EU) 2023/1114: nobody may offer an e-money token to the public within the Union, or seek its admission to trading, unless they are its issuer, are authorised as a credit institution or an electronic money institution, and have notified and published a crypto-asset white paper. Revolut holds a MiCA crypto-asset service provider licence granted in November 2025 by the Cyprus Securities and Exchange Commission — which is why the bar binds it. Tether has not obtained MiCA authorisation for USDT; Cointelegraph reports that its issuer declined to comply, and that European providers have delisted USDT gradually since late 2024. Tether CEO Paolo Ardoino has repeatedly criticised MiCA, including its reserve requirements for stablecoin issuers.

Holding USDT stays legal — the restriction is on licensed venues

This distinction is the whole story, and the one most easily lost. Article 48(1) operates on offering to the public and admission to trading. It contains no prohibition on an individual holding USDT, and nothing is being confiscated. What it stops is a licensed provider offering a non-compliant e-money token to clients in the region.

Your three options before 31 August

1. Sell or convert in the app. Revolut's own notice names selling first. You choose the moment, so you take the rate visible then.
2. Withdraw to an external wallet you control. Revolut's withdrawal page still listed USDT on Ethereum and TRON as of 5 August 2026. The transfer is on-chain, made through Crypto → Send, and irreversible once confirmed. It costs a 3 GBP service fee or local-currency equivalent — USDT sits in the "all other cryptocurrencies" band — plus a variable network fee quoted in the app before submission, above which Revolut states you are never charged. The network must be one the destination wallet supports, or the funds can be lost.
3. Do nothing, and the balance converts automatically after the deadline.

USDT has to be sold or withdrawn before the 31 August delisting; Revolut's own pages set no separate, earlier cut-off for withdrawals. A deferral, an opt-out, a limit price, a choice of conversion currency, or an automatic switch into another stablecoin are described by no source.

What happens if you do nothing

Remaining USDT converts into the account's main currency at the current market rate, on Revolut's timing. Neither the rate nor the moment is under the customer's control, and Revolut has not published how that rate is struck: no venue, index, reference price, snapshot time or spread is specified.

Two points are absences rather than zeros. Revolut has not published a fee for the automatic conversion — it has not said one applies, nor that the conversion is free. And no compensation is offered: its delisting page states that Revolut "isn't liable for losses if a token's value falls to zero or if it must be delisted due to unforeseen external events".

The wider picture

Revolut is not first. Coinbase began delisting USDT in Europe in 2024 to align with MiCA, and providers across Europe have removed it gradually since late 2024. Circle, for its part, obtained MiCA authorisation as an electronic money institution from France's ACPR with effect from 1 July 2024 — a fact about who holds an EU authorisation, not a suggestion about what to hold.

FAQ

Is USDT banned in the EEA?

No. MiCA bars licensed providers from offering a non-compliant e-money token to clients in the region. Holding USDT remains lawful for individuals.

What if the 31 August deadline passes?

Any USDT still in the app converts to the account's main currency at the current market rate, on Revolut's timing. No opt-out, limit price or deferral is described anywhere.

Sources

• Revolut — USDT delisting
• Revolut — What is crypto delisting
• Revolut — Withdrawal networks
• Revolut — Withdrawal fees
• EUR-Lex — Regulation (EU) 2023/1114, Article 48
• Cointelegraph — the delisting notice

Informational only; not financial or legal advice. The dates originate in Revolut's customer communications — verify them in the app's official notifications and help centre before acting. Accurate as of 5 August 2026.