Revolut to Delist USDT: Key Cutoff Dates for Purchases, Deposits and Withdrawals
Europe’s largest fintech Revolut says it will delist USDT on a phased schedule. USDT support ends on Aug 31, after earlier cutoffs for in-app buying and deposits.
Key dates for USDT on Revolut:
- Jul 6: Revolut stops USDT purchases in the app.
- Jul 30: Revolut stops accepting new USDT deposits.
- Aug 31: Revolut fully ends USDT support; any remaining USDT is converted to fiat using the then-current exchange rate.
During the transition, users can sell USDT in-app or withdraw/transfer balances to external wallets that still support USDT. Revolut notified users via app alerts and emails.
The notice applies only to USDT access on Revolut, not a total halt of crypto services. USDT is a widely used dollar-linked stablecoin for trading, transfers, and exchange balances, so the change may affect how some users manage liquidity inside the platform.
Traders should watch for any short-term movement in USDT flows tied to the Jul 6 and Jul 30 deadlines, and for whether the Aug 31 conversion creates any temporary sell pressure from retail users unable to withdraw before the cutoff.
Neutral
Revolut’s phased removal of USDT support is a tradable access change, not a protocol-level change to USDT itself. Because USDT is still available for trading on other venues and users can withdraw to external wallets before the Aug 31 cutoff, the direct impact on overall market liquidity may be limited.
In the short term, traders could see localized flows: some Revolut users may sell USDT in-app ahead of Jul 6/Jul 30 or withdraw to self-custody, which can temporarily pressure USDT balances on that platform. However, the forced conversion to fiat occurs only for remaining balances that were not moved in time, which reduces the likelihood of a broad market-wide shock.
Compared with past exchange or broker delistings of specific stablecoins, the pattern is usually “time-boxed user de-risking” rather than a sustained trend in stablecoin pricing—especially when the delisted asset remains broadly supported elsewhere. Longer term, the event mainly shifts user behavior toward platforms/wallets that continue to support USDT, with minimal implications for USDT’s peg as long as market depth remains healthy.
Net: expect short-term, venue-specific flow effects around the deadlines, but not a clear bearish or bullish driver for the whole USDT market.