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On USDC, we have seen an increase in withdrawals. However, the channel to swap from PAX/BUSD to USDC requires going through a bank in NY in USD. The banks are not open for another few hours. We expect the situation will be restored when the banks open. 1/2
#Binance is conducting a token swap involving $USDC. As a result, $USDC withdrawals are temporarily paused.
$USDT & #BUSD withdrawals are available and unaffected. $USDC withdrawals will reopen once the token swap is completed.