Crypto Scenario Insights
What happened
Revolut's decision to discontinue USDT support for customers in the European Economic Area (EEA) and Switzerland by August 31, 2026, is a direct response to the EU's MiCA regulation.
What we think
The most likely outcome (70% probability) is a neutral impact on the global crypto market and USDT's peg, with localized shifts in stablecoin demand within the EEA and Switzerland.
Read the analysis
Revolut's USDT Delisting in Europe: A Localized MiCA Impact or Broader Stablecoin Shift?
We explain what happened and what could follow. We do not forecast prices.