Wire · regulatory
Revolut Drops USDT For Millions Of Users After Aug. 31 Deadline
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Fusion42 · 13 September 2026 · Fusion42 review
Revolut will delist the stablecoin USDT for European customers by August 31, 2026, converting remaining balances to users' fiat currencies following the EU's MiCA regulatory enforcement. The move occurs because Tether, USDT's issuer, has not obtained the required MiCA authorization that Revolut secured in late 2025.
This Wire brief sits within Fusion42's coverage of Fintech.
◆ ◆ The Wire takeaway
European fintech platforms face a hard compliance cutoff with MiCA enforcement that excludes USDT, forcing a strategic pivot to licensed stablecoins and creating openings for regulated stablecoins like Circle's USDC. You need to review your stablecoin partnerships and ensure alignment with MiCA licenses to maintain market access in the EU.
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1 source · 12 Sep 2026
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