On August 6th, according to Circle's announcement, due to the upcoming network upgrade, Circle will stop supporting USDC on the Flow (Cadence) blockchain at 3:00 am (EST) on September 3, 2024. The USDC coin service will continue until noon (EST) on August 27, 2024.
Circle recommends that users who hold USDCs transfer them from Flow to other blockchains by September 3. After the September 3 deadline, Circle will freeze all USDCs on Flow, take a balance snapshot, and begin the manual redemption process on September 4. Eligible users must meet Circle's compliance and security requirements, have a user-controlled wallet, and include the wallet address in the snapshot.
Circle will stop supporting USDC on the Flow blockchain on September 3
2024-08-06 03:26:41
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