"The events of the past week have impacted the liquidity operations for USDC," Circle wrote, adding it has worked to"re-initiate services with alternative banking partners, particularly payment and USDC redemption services.
"Circle said it went live with a new banking partner for United States wires on March 14 and used the same partner"for international wires to and from 19 countries" on March 15.This is a developing story, and further information will be added as it becomes available.
Now that Circle has resolved their backlog of minting and redemption requests for USDC, you can trust that your transactions will be handled quickly and efficiently! USDC Crypto FinancialTech
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