Transactions with the dollar-pegged USDC token have been “temporarily” suspended, Binance says The world’s largest cryptocurrency exchange by trading volume, Binance, announced on Tuesday that it was pausing withdrawals of the stablecoin USDC. The platform has suffered huge outflows of funds following the collapse of the FTX exchange, according to media reports. The move reportedly comes amid growing investor concerns about Binance’s stability in the wake of the bankruptcy of rival exchange FTX, which faces a criminal investigation in the US over the misuse of investor funds. Binance explained the “temporary pause
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