Revolut Stops USDT Purchases July 6 – MiCA Compliance Drive
Revolut will stop letting users buy Tether (USDT) starting today, July 6, 2026, as part of its compliance with the EU's MiCA regulations. Users can continue to withdraw or sell their USDT holdings until August 31, after which any remaining USDT will be automatically converted into the user's base currency. This follows Revolut's broader strategy to align with the new regulatory framework that took full effect on July 5. The move could impact USDT liquidity in the European market and potentially benefit compliant stablecoins like USDC and EURC. This is a significant shift in the European stablecoin landscape.
Key observation:
MiCA compliance drives stablecoin changes.
Watch for USDC/EURC volume increases.
Not financial advice. Always do your own research.#Nvidia AI factory costs rise #BSC Meme Coins Surge #Crypto real estate fraud case #Ethereum outlines Lean roadmap
