TechFlow News, July 4: According to Cointelegraph, digital banking and fintech platform Revolut has notified some users that it will officially delist the USD stablecoin USDT after August 31, 2026, and automatically convert users' remaining holdings to their base fiat currency at the exchange rate of the day. Additionally, Revolut will stop USDT purchase services from July 6 and suspend USDT deposits after July 30, at which time any USDT transferred in will be directly rejected. If users do not sell or withdraw USDT themselves before the end of August, their holdings will be automatically converted by the system to the account base currency.
It is reported that Revolut attributed this adjustment to "regulatory and risk-related considerations," but did not specify the specific regulatory framework triggered.
