Revolut has begun notifying users, via in-app messages and email from July 1, that it will discontinue USDT support in stages. Under the announced schedule, users can continue buying USDT until July 6, while new USDT deposits will be stopped on July 30. Until August 31, users may still sell their USDT or withdraw it to an external wallet. After that date, any remaining USDT in user accounts will be converted into the user’s selected fiat currency at the prevailing exchange rate. The announcement outlines a full wind-down process covering purchases, deposits, withdrawals, sales, and the treatment of residual balances.
Revolut to wind down USDT support in stages
According to Foresight News, Revolut will begin discontinuing USDT on August 31. The company started notifying users on July 1 through in-app alerts and email, informing them of the upcoming delisting and the timetable for the service change.
Under the announced schedule, users can continue to buy USDT until July 6. On July 30, Revolut will stop accepting new USDT deposits. Until August 31, users will still be able to sell their USDT or withdraw the token to wallets outside the platform.
After August 31, any USDT still held in user accounts will be converted by Revolut into the user’s chosen fiat currency based on the exchange rate available at that time. The notice therefore covers the full exit path for the asset, including purchases, deposits, withdrawals, sales, and the final treatment of remaining balances.
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