Revolut has announced it will delist the stablecoin USDT from its platform following August 31. After this date, any remaining USDT holdings in user accounts will be automatically converted into their respective base currencies, according to CoinTelegraph.
This move marks a significant shift for Revolut’s crypto offering, potentially impacting users who rely on USDT for trading or holding stablecoins within the app. The exact reasons behind the delisting have not been disclosed.
For Japanese investors, who are increasingly active in stablecoin markets amid regulatory tightening, Revolut’s decision highlights the evolving landscape of crypto asset availability on global fintech platforms.