Revolut Delists USDT: Forced Conversion on August 31, 2026 Counts as a Sale

Revolut is removing USDT from its trading list for customers in the European Economic Area and Switzerland. Purchases have been unavailable since July 6, 2026, and deposits have been blocked since July 30, 2026. The deadline expires for good on August 31, 2026: anyone who has not sold or transferred by then will have their remaining USDT balance converted automatically into their account currency at the prevailing market rate. This goes beyond the question of where you keep your stablecoins. Under German tax law the forced conversion is itself a disposal, one the platform triggers without any action on your part. Letting the deadline pass costs you a trading option and also produces a taxable event at a time and a price you did not choose. Revolut delists USDT: purchase stop, deposit block and the hard deadline of August 31 The shutdown comes in three stages. Since July 6, 2026, USDT can no longer be bought through Revolut. Since July 30, 2026, the app has also stopped accepting deposits; USDT sent to Revolut from an external wallet has been rejected ever since. The third and final stage follows on August 31, 2026, when USDT can no longer be held in the account at all. Several trad...