Revolut to delist USDT in August, citing regulatory and risk concerns
CoinTelegraph·
60-second summary
Revolut is notifying customers that it will delist USDT after August 31, citing regulatory and risk concerns, with remaining holdings automatically converted into users' base currency. Approximately 1 million Revolut users hold USDT, and this move may impact their investment strategies, potentially shifting market dynamics and influencing the adoption of alternative stablecoins.
Revolut notified some customers it will delist USDT after Aug. 31, with remaining holdings automatically converted into users’ base currency.