TechFlow news, according to The Block, stablecoin issuer Circle stated, "Circle is gradually discontinuing support for traditional consumer accounts and has notified individual consumers of this decision. Account closures do not apply to commercial or institutional Circle Mint accounts."
On Tuesday, Circle sent an email announcing it would terminate support for zero-balance consumer accounts on November 30. This move means users who wish to mint Circle's stablecoins, such as USDC and EURC, will need to switch to other platforms.
Tether, meanwhile, continues to support individual consumer accounts, though with a minimum requirement of $100,000.
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