Revolut's removal of USDT highlights increasing regulatory scrutiny and risk management in the evolving fintech and crypto landscape. Revolut to end support for Tether's USDT by August 31, customers say.
Europe's major fintech platform Revolut is set to cease support for Tether (USDT) stablecoin on August 31, according to recent reports.
Revolut has confirmed it will remove Tether's USDT from eligible European accounts after new European Union crypto rules took effect under the Markets in Crypto-Assets (MiCA) framework.
Nigel Farage has been reported to the UK Parliament's standards watchdog over allegations that he lobbied the Bank of England on cryptocurrency policy in ways that could benefit one of his largest political backers, a major investor in stablecoin issuer
Binance recorded $213 million in net USDT inflows over a 24-hour period, according to exchange flow tracking data, a figure that highlights renewed stablecoin movement toward the world's largest cryptocurrency exchange.
The exchange platform OKX will allocate a direct humanitarian assistance fund in the stablecoin Tether (USDT) for registered users residing in the regions hardest hit by the recent earthquakes.
Tether's refusal to comply with MiCA rules may shift European market dynamics, favoring compliant competitors and impacting global crypto strategies. Tether CEO criticizes MiCA licensing rules as dangerous, refuses to apply for USDT authorization.
The 131-wallet freeze exposes how public-chain intelligence and issuer controls are becoming real-time enforcement infrastructure.
Centralized crypto lending loan books fell 6% in Q1 2026 to $23.3 billion, marking the sector's first quarterly contraction since Q3 2024. Tether remains dominant, but Maple, Nexo and Coinbase gained share as Galaxy and Ledn saw the steepest pullbacks.
OFAC added 134 crypto wallet addresses linked to ISIS-K to its sanctions list, including 131 Tron addresses that received more than $1.4 million in crypto donations, according to Chainalysis.
The European Union has completed its MiCA transition, leaving Tether's $186 billion USDT without a compliant route onto regulated crypto exchanges across the bloc from July 1, 2026.
Institutional memory tends to go out the window when covering crypto's innovations.