Binance tweeted that Binance is conducting a token swap involving $USDC. As a result, $USDC withdrawals are temporarily paused.
$USDT and $BUSD withdrawals are available and unaffected. $USDC withdrawals will reopen once the token swap is completed.
Binance
Stablecoins
Daily Market Wrap | Aug. 08 Wall Street back-office giant DTCC mulls stablecoin integration: report Crypto industry cheers progress in 'historic' stablecoin legislation as Senate advances GENIUS Act Circle secures in-principle approval to operate as money services provider in Abu Dhabi Mastercard moves to integrate stablecoins into global payments network
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