Why Poloniex Suspends Support For Stablecoins?

Poloniex has announced that they will be temporarily suspending their support for stablecoins on the BSC Network.

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The cryptocurrency exchange known as Poloniex made a significant announcement recently: beginning on November 24, it would no longer support the deposits and withdrawals features for stablecoins that use the BEP20 (BSC) network.

These include the USDT, USDC, and TUSD cryptocurrencies, as well as Binance’s own BUSD.

Source: Google Trend

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