According to a recent press release, Poloniex has stopped supporting BEP20 network deposits for USDT, USDC, TUSD, and Binance's own BUSD. The deposit and withdrawal features of other BSC-based coins, on the other hand, will remain operational.
Poloniex will no longer support the deposit or withdrawal of any stablecoins on the BEP20(BSC) network from November 24 onwards, until further notice. However, we will continue to offer equivalent multichain solutions for stablecoins across the ERC20 and TRC20 networks.
— Poloniex Customer Support (@PoloSupport) November 23, 2022
The exchange reserves the right, as stated in its terms of service, to amend, change, or cancel this announcement at any time and for any reason without prior notice; it made no further comment on the action taken.
The announcement also advises users to deposit and withdraw stablecoins via the ERC20 and TRC20 networks, and the team promises to provide equivalent multichain solutions for each stablecoin.
Some users, however, are currently complaining about previous stablecoin deposits on the BSC network.
what about my USDTBSC deposit ? it's been 10 days and now the termination announcement pic.twitter.com/EiCMGyLeJv
— harxr (@harxr) November 23, 2022
