USDC transactions blocked?

General Discussion 💬

I was trying to convert usdc to fiat but only have available the transfer button, buy and sell buttons are gone. Anyone else is experiencing the same?

I cannot find any further information so far.

Edit: it is obvious this is related with the svb problem and it’s relation with circle, my comment is regarding not finding any information on cdc’s side.

Edit 2: on the system status there is an alert message “USDC:USD conversion, trading, and deposit Subscribe Investigating - Out of an abundance of caution, we have temporarily suspended USDC to USD conversion, USDC deposit, and USDC pair trading due to current market conditions. USDC withdrawal remains available.

We will continue to evaluate the situation and plan to resume USDC trading as soon as possible. Mar 11, 2023 - 12:53 HKT”

Posted Mar 12, 2023, 12:20 PM UTC · edited

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