Woofun AI reports that Revolut has clarified its USDT delisting scope, confirming the removal applies strictly to customers in the European Economic Area (EEA) and Switzerland, while global availability remains intact.

The regulatory driver is Tether’s decision not to seek authorization under the Markets in Crypto-Assets Regulation (MiCA), the EU’s comprehensive framework for crypto-assets. As the issuer of the $184 billion stablecoin, Tether’s non-compliance forces platforms like Revolut to phase out support in regulated jurisdictions to mitigate legal risk.

Woofun AI data shows the delisting timeline extends to Aug. 31, 2026, for full completion. Initial notifications surfaced on Friday, with USDT already removed from Revolut X for EEA users, marking the final step in stripping the asset from retail offerings in the region.

Structurally, MiCA’s relevance extends to the broader EEA, including Norway, Iceland, and Liechtenstein, per the European Securities and Markets Authority.

However, Switzerland is neither an EU nor EEA member, leaving its inclusion in the delisting scope unexplained by Revolut, which did not provide a list of jurisdictions where it currently offers crypto services.

Headquartered in the United Kingdom, Revolut launched crypto trading in 2017 and expanded services to EEA countries in 2024. This targeted delisting reflects a growing divergence between global stablecoin utility and regional regulatory compliance.