Circle Co-Founder Wondered Because USDC On Solana Was Suspended Deposits By Exchanges
As Coincu reported, major exchanges such as Binance, OKX, Bybit, BitMEX, KuCoin, and MEXC announced that they suspended deposits of USDC (SOL) and USDT (SOL).
Expressing this, the CEO of USDC issuer Circle was quite disappointed and could not explain why.
Solana is one of the largest blockchains and has a close relationship with Sam Bankman-Fried’s FTX and Alameda Research, as these companies are key investors. This caused the price of SOL to drop sharply recently.
According to the latest announcement from Binance, the exchange has resumed the deposits of USDT (SOL), but USDC (SOL) has not yet been returned.
USDT and USDC are the two stablecoins with the largest trading volume at the moment, according to CoinMarketCap.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join us to keep track of news: https://linktr.ee/coincu
Website: coincu.com
Harold
CoinCu News
Alexey Pertsev, a developer of the coin-mixing protocol Tornado Cash, has sent shockwaves through the…
Justin Ðrake, a prominent figure within the Ethereum Foundation, revealed that three staff members have…
The debate over cryptocurrency regulation in India has reached a critical juncture as the Securities…
Many investors are eyeing smaller cryptocurrencies for their potentially high returns. This article explores a…
RCO Finance (RCOF) actively uses AI to promote the wider acceptance of cryptocurrencies within mainstream…
London authorities detain pump.fun attacker, possibly identified as Jarett Reginald Dunn.
This website uses cookies.
