Binance to Halt USDC Withdrawals for Multiple Networks During Maintenance

Official announcements from Binance and Bitget reveal staggered withdrawal suspensions across various networks from August 6 to August 7, 2025, while trading remains unaffected.

ETH
USDC
MATIC

Summary

According to official announcements, Binance will suspend USDC withdrawals on multiple networks on August 6, 2025, while Bitget has announced suspensions for PYUSD-ERC20, OSMO-Osmosis, and PLUME-ERC20 networks, and now USDE-ERC20 withdrawals will be halted from August 7, 2025 at 06:48 (UTC+8). Trading will remain uninterrupted, and users will be updated once services are restored.

Terms & Concepts
  • USDC: A stablecoin pegged to the US dollar, widely used for digital asset transactions.
  • PYUSD-ERC20: A version of the PYUSD token operating on the ERC20 network for managing digital asset transactions.
  • USDE-ERC20: A network version of a stablecoin, now suspended for withdrawals by Bitget starting August 7, 2025 at 06:48 (UTC+8).