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TechFlow news — According to a tweet from Coinbase, the platform will suspend USDC-USD conversions when banks are closed over the weekend. During periods of high conversion volume, these transactions rely on dollar transfers cleared by banks during normal business hours.
Coinbase plans to resume conversion services when banks reopen on Monday. User assets remain secure and can be transferred on-chain at any time.Source link
According to a tweet from Coinbase, the platform will suspend USDC-USD conversions during weekends when banks are closed. These conversions rely on dollar transfers cleared by banks during normal business hours, especially during periods of high demand. Coinbase plans to resume conversion services when banks reopen on Monday. User assets are safe and can be transferred on-chain at any time.
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