Circle to Discontinue USDC Support on Flow Blockchain

Circle to Discontinue USDC Support on Flow Blockchain

Circle, the issuer of the stablecoin USDC, has announced its intention to discontinue support for USDC on the Flow blockchain, effective September 3, 2024. This decision, detailed in a blog post on August 5, comes in light of Flow's forthcoming Crescendo upgrade. Minting of the US dollar-pegged stablecoin will continue on Flow until August 27, 2024, at 12 pm ET. Circle urges all USDC holders on Flow, including Circle Mint customers, retail ho...

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