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Revolut says USDT delisting is limited to EEA, Switzerland

Revolut announced that support for USDT remains unchanged outside the EEA and Switzerland, as it phases out the stablecoin in certain European markets.

AS1 NewsSource: cointelegraph.com

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USDT$0.9997-0.01%

Revolut has clarified that its support for the USDT stablecoin is only being discontinued within the European Economic Area (EEA) and Switzerland. Outside these regions, the support remains unaffected. The company is winding down its USDT offerings specifically in selected European markets, but users elsewhere can continue to use USDT as usual.

This move is part of Revolut's regional adjustments in its crypto services. The decision impacts users in certain European countries where USDT will no longer be available through Revolut, while customers outside these areas will not experience any change.

The delisting does not affect the overall availability of USDT on other platforms or services, only Revolut's specific support in targeted regions. This change may influence users in those markets to consider alternative options for stablecoin holdings.

For the broader crypto ecosystem, this regional adjustment highlights ongoing regulatory and strategic considerations by financial service providers in managing their crypto offerings.

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The support for USDT remains unchanged outside EEA and Switzerland, with regional delisting in certain European markets.