Binance Suspends USDC Withdrawals on SEIEVM Network for Planned Maintenance

Binance has announced a temporary suspension of USDC withdrawals on the SEIEVM network due to planned wallet maintenance. The pause is scheduled to begin at 6:55 a.m. UTC on Aug. 4 and will affect users who need to withdraw USDC via this network.

The exchange has stated that deposits of USDC on the SEIEVM network are not affected by this suspension, and withdrawals on other supported networks remain operational. Users can consider using alternative networks such as Ethereum, BNB Smart Chain, or Solana for their transactions.

Wallet maintenance is a routine procedure for cryptocurrency exchanges to ensure network stability and address potential security issues. This update is part of broader efforts to maintain the integrity and performance of the SEIEVM network.