What happened? On November 24, the Poloniex cryptocurrency exchange stopped supporting BEP-20 standard stablecoins (BNB Chain network). Users cannot deposit or withdraw funds in USDT, USDC, TUSD and BUSD. This is reported by the COINCU account on the Binance Feed platform.
News on the Binance Feed Platform
What else is known? The restrictions will affect only the operation of stablecoins. Deposits and withdrawals in other BNB Chain tokens will continue to function. Poloniex representatives urged users to use the ERC-20 and TRC-20 networks for stablecoins. In addition, the exchange will soon offer equivalent multi-chain solutions for various stablecoins.
Poloniex drops support for stablecoins on BNB Chain