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Revolut to delist USDT stablecoin by end of August due to regulatory risks

Market News
04 Jul 2026
Coincu
View Source
Bearish
pluang ai news

Revolut announced it will remove support for USDT, the largest stablecoin, from its platform by the end of August citing regulatory and risk concerns related to EU crypto rules. Users must act before the deadline to sell, convert, or withdraw USDT holdings. This move reflects growing regulatory pressures on stablecoins in fintech apps but does not affect USDT's availability on other platforms or blockchain networks. Revolut users will need to switch to other supported stablecoins or exit their USDT positions on the app before the cutoff.

More News

MARS2 AI competition launches at ECCV 2026 with $100K prize to advance multimodal reasoning in industry.

MARS2 AI competition launches at ECCV 2026 with $100K prize to advance multimodal reasoning in industry.

The MARS2 Multimodal Reasoning Competition, sponsored by Tec-Do and MiniMax, has been officially launched to coincide with the ECCV 2026 conference. With a $100,000 prize pool, the competition challenges AI models to perform complex, open-world reaso...

Others
Neutral
2 hours ago
Bitcoin ETFs see $2B outflows in two weeks amid price drop and profit-taking

Bitcoin ETFs see $2B outflows in two weeks amid price drop and profit-taking

Spot Bitcoin ETFs experienced over $2 billion in outflows during a two-week period in late May and early June 2026, driven mainly by BlackRock’s IBIT fund. This followed a 13-day streak of redemptions totaling about $4.4 billion, coinciding with Bitc...

Market News
Bearish
4 hours ago
New Ethereum wallet amasses $41.5M in WBTC and ETH, showing $3.59M unrealized gain.

New Ethereum wallet amasses $41.5M in WBTC and ETH, showing $3.59M unrealized gain.

A newly created Ethereum wallet has accumulated $41.5 million worth of Wrapped Bitcoin (WBTC) and Ether (ETH), currently showing an unrealized gain of $3.59 million. This wallet, with no prior transaction history, suggests a fresh capital deployment ...

Technical Signals
Bullish
4 hours ago
ETH bridging to Robinhood Chain jumps 10x days after launch, signaling strong early interest.

ETH bridging to Robinhood Chain jumps 10x days after launch, signaling strong early interest.

Robinhood Chain, a new Ethereum-compatible Layer 2 built on Arbitrum, has seen a tenfold increase in ETH bridging from Ethereum mainnet within days of its public launch around July 1, 2026. This surge indicates strong user commitment to the chain, wh...

Protocol Fundamentals
Bullish
4 hours ago
MercadoLibre set for rebound despite 30% stock drop, driven by strong growth in Brazil and fintech gains.

MercadoLibre set for rebound despite 30% stock drop, driven by strong growth in Brazil and fintech gains.

MercadoLibre's stock has fallen about 30%, but the company shows strong growth, especially in Brazil, with its $20 billion quarterly GMV growing at a mid-30% rate. Its fintech division, MercadoPago, significantly boosts total revenue by driving trans...

Analyst Insights
Bullish
4 hours ago
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