Binance and Coinbase Halt USDC Transfer – Is Circle’s USDC Next in Line for a UST-Style Collapse? – Crypto Gator | The Best Cryptocurrency, Blockchain and Forex News Aggregator

Binance and Coinbase Halt USDC Transfer – Is Circle’s USDC Next in Line for a UST-Style Collapse?

The post Binance and Coinbase Halt USDC Transfer – Is Circle’s USDC Next in Line for a UST-Style Collapse? appeared first on Coinpedia Fintech News Coinbase and Binance, two of […]

The post Binance and Coinbase Halt USDC Transfer – Is Circle’s USDC Next in Line for a UST-Style Collapse? appeared first on Coinpedia Fintech News
Coinbase and Binance, two of the world’s largest cryptocurrency exchanges, have taken action in response to Circle’s stablecoin, USD Coin (USDC), suffering a de-peg following the collapse of Silicon Valley Bank (SVB). Coinbase Halts USDC to USD Conversion Coinbase has temporarily halted its USDC to USD conversion and requested that users wait until Monday when …