Cryptoknowmics
2022-11-18 07:45:04

Binance, OKX, and Bybit Halt USDT and USDC Deposits on Solana

After FTX’s failure, many cryptocurrency exchanges have continued to take action, most recently by stopping deposits in Solana-based Tether (USDT) and USD Coin (USDC). On November 17, Binance declared that USDT and USDC deposits have been temporarily halted on the Solana network until further notification. Due to the USDT and USDC stablecoins‘ continued availability for deposit through other blockchains, the exchange alluded to the tokens as “USDT (SOL)” and “USDC (SOL)”. OKX and ByBit Removed Deposits Binance did not disclose any other details on the move, just that it retains the right in its absolute discretion to revise or modify The post Binance, OKX, and Bybit Halt USDT and USDC Deposits on Solana appeared first on Cryptoknowmics-Crypto News and Media Platform .

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