Binance has announced that it will support native USD Coin (USDC), issued by Circle, on the Polygon network, highlighting the growing integration between significant financial platforms and cutting-edge blockchain networks.
Since Binance currently supports the USDC’s bridged version (USDC.e). The bridged version will use MATICUSDCE as the ticker. Binance also disclosed that there will be independent announcements regarding deposits and withdrawals for the native USD Coin (USDC).
There will be changes to the way this integration operates going forward. Temporarily, the deposit and withdrawal service for the current USDC on the Polygon network will be suspended at 2023-10-25 06:00 (UTC).
However, there will be no effect on the other functionalities such as USDC spot trading, margin trading, futures trading, Binance Earn, and Binance Pay services. Binance assured the users that it maintains a consistent user experience by allowing deposits and withdrawals for the bridged USD Coin, MATICUSDCE, at any time.
