Breaking: Poloniex Suspends Support For Stablecoins On BSC Network

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Breaking: Poloniex Suspends Support For Stablecoins On BSC Network - CoinGape

Quick Summary:

As a major development, the Poloniex crypto exchange has announced that from November 24, it will stop deposits and withdrawals functions for stablecoins on the BEP20 (BSC) network.

According to the recent announcement, Poloniex has stopped the BEP20(BSC) network deposit function for the above-mentioned stablecoins.

These include USDT, USDC, TUSD and Binance’s own BUSD.