Circle to Stop Issuing USDC on FLOW Blockchain from September 3

IconCryptoNewsTerminal Staff05 Aug, 2024

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Circle to Stop Issuing USDC on FLOW Blockchain from September 3

Circle recently announced on its official blog that it will be discontinuing support for USDC on the Flow (FLOW) blockchain effective September 3, 2023 (local time). This decision follows a network upgrade that will render the issuance of FLOW-based USDC impossible beyond September 27. Circle advises customers holding FLOW-based USDC to transfer their USDC to another blockchain before September 3 to avoid any potential disruptions.