Revolut to Delist Tether USDT in Europe Following MiCA Regulatory Shift

Key Facts

In a move reflecting the radical shift in the regulatory landscape for digital assets within the European Union, Revolut has announced its decision to delist Tether's USDT stablecoin from its platform in Europe. This action comes as a direct response to the Markets in Crypto-Assets (MiCA) framework, which has introduced stricter compliance standards. According to reports, the company aims to ensure its operations align with the new laws governing stablecoin issuers.

MiCA rules impose rigorous licensing requirements that demand stablecoin issuers obtain permits from EU financial authorities, placing pressure on Tether's dominance as it has yet to meet these standards. In contrast, Circle, the issuer of USDC, has secured an Electronic Money Institution license in France, making it fully MiCA-compliant per market data and regulatory filings. Experts suggest this disparity could lead to a redistribution of liquidity in the European market toward compliant assets.

Traders should monitor the impact of this decision on European market liquidity, especially as digital asset volatility persists. Looking at the economic calendar, investors are awaiting ECB President Christine Lagarde's speech on June 29, 2026, which may address digital financial stability. Additionally, EU Economic Sentiment data expected on the same day will provide broader context on consumer confidence in financial services amid these regulatory changes.