Binance, OKX and Bybit temporarily ended support for USDT and USDC on Solana

Following the suspension, USDC issuer Circle tweeted that USDC on Solana is running normally and that there are no problems with issuing or redeeming the stablecoin.

Although Binance automatically converts USDC deposits to Binance USD, its own stablecoin. On Nov. 17, Binance again started accepting deposits for the Solana-USDT token.

[Via]

Download NBW: Short news app created for busy professionals like you

Get NBW App - a reimagined fluid short news experience that delivers you clarity and all the important news and trends from your industry. No signup needed !

Download NBW App (Android, iOS)

Sign Up for NextBigWhat Newsletter

Daily.