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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

Class action lawsuit filed against HDFC Bank over alleged covert payments to induce deposits.

Class action lawsuit filed against HDFC Bank over alleged covert payments to induce deposits.

A class action lawsuit has been filed against HDFC Bank alleging it made covert payments of about $4.7 million to a state firm to induce large deposits, camouflaging these as marketing expenses. The complaint claims senior management, including the C...

Market News
Bearish
4 hours ago
Bitway jumps 13.6% on network upgrade news, while Uniswap falls 6.9% amid market volatility

Bitway jumps 13.6% on network upgrade news, while Uniswap falls 6.9% amid market volatility

Bitway surged 13.6% to $0.3030, driven by anticipation of its upcoming network upgrade, boosting its market cap to $819.18 million. Meanwhile, Uniswap dropped 6.9% to $3.22, likely due to regulatory pressures in the DeFi sector. Other altcoins like I...

Market News
Neutral
4 hours ago
ProShares S&P 500 Ex-Technology ETF likely to underperform due to tech exposure limits and factor mix.

ProShares S&P 500 Ex-Technology ETF likely to underperform due to tech exposure limits and factor mix.

The ProShares S&P 500 Ex-Technology ETF (SPXT) aims to reduce the heavy concentration of IT stocks in the S&P 500 but struggles to outperform the broader market. SPXT cannot completely avoid tech-like exposures, and excluding IT sector stocks limits ...

Analyst Insights
Bearish
5 hours ago
Tron price steady near $0.33, trading in a narrow range with low volume signaling caution for buyers.

Tron price steady near $0.33, trading in a narrow range with low volume signaling caution for buyers.

As of August 11, 2026, Tron (TRX) trades around $0.3347, positioned in the middle of its 12-month range between a low of $0.2692 and a high of $0.3753. The price shows little momentum and moves sideways near its 50- and 200-day moving averages, indic...

Technical Signals
Neutral
5 hours ago
ICF International sees 24% stock upside with 2026 growth driven by energy, AI, and federal projects.

ICF International sees 24% stock upside with 2026 growth driven by energy, AI, and federal projects.

Analyst Barrington raised ICF International's price target to $110, suggesting a 24.45% upside from $88.39. The company expects 3% revenue growth and 5% non-GAAP EPS growth in 2026, fueled by energy, AI, and federal modernization efforts. Q2 2026 ear...

Analyst Insights
Bullish
5 hours ago
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