Circle: To support a smooth transition for the Ethereum merge, USDC minting and redemption will be paused

Chain Catcher news, Circle announced that, "To monitor the Ethereum merge and ensure the continuity of service for our customers, we will conduct a brief maintenance period." In addition, the Circle platform information website shows that to support a smooth transition, Ethereum USDC minting, redemption, and sending operations, as well as EUROC minting and redemption, have been suspended.

Chain Catcher previously reported that Circle stated it will only support the Ethereum PoS chain after the completion of the Ethereum merge. (Source link)