Multiple Exchanges Delist USDC and USDT on Solana

Multiple Exchanges Delist USDC and USDT on Solana

Numerous major exchanges are disabling deposits and/or withdrawals for Solana-based variants of the top two stablecoins, USDT and USDC.
The wave of delistings follows Solana’s major price crash in the wake of FTX’s collapse – an exchange known to be closely involved with the network and token. 
Scrubbing the Solana Stablecoins
On Thursday, Binance announced that deposits for Solana-based USDC and USDT tokens had been “temporarily suspended until further notice,” without providing any explanation. It later resumed processing deposits for USDT “after internal assessment and review,” without any further updates about USDC at writing time. 
“Binance reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice,” it added. 
Similarly, OKX revealed late Wednesday that it would entirely delist these tokens starting at 3:00 AM UTC on Nov. 17. That includes suspension of both deposits and withdr

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