Revolut has notified European users of the discontinuation of USDT support. The reason is that Tether has not obtained authorization under the MiCA regulation, unlike Circle with USDC.
You can still buy USDT until July 6; new deposits will stop on July 30. You can continue to sell or withdraw the token to external wallets until August 31. After this date, any remaining balances will be automatically converted into fiat at the current exchange rate.
Continue reading this article on source: cointelegraph.com