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Binance Cuts USDC Pairs Amid Liquidity Concerns as Upbit Probes SOPH

Guavy AI Editorial Team
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BNB USDC OP
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South Korea's Upbit has placed Sophon (SOPH) under a trading warning due to concerns over disclosures, changes to its token circulation plan, and related procedures. The review may result in delisting if the issues are not resolved.

The exchange suspended deposits for SOPH pending the review. This move comes as Binance announced it will remove seven USDC spot trading pairs on September 25 due to liquidity and trading-volume factors. However, the affected tokens will remain available through other trading pairs.

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