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USDC

OKX Discontinues USDC Support: Conversion to USDT Starts June 13

On June 13, OKX will cease supporting USDC. All balances in USDC will be automatically converted to USDT. Trading and deposits in USDC will no longer be available. Additionally, all USDC transactions will be automatically closed.
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AI Analysis

The decision by OKX to terminate support for USDC indicates a strategic shift in its asset management and trading operations. This move may be driven by various factors, including regulatory concerns,...

AI Recommendation

Traders holding USDC on OKX should consider liquidating their USDC holdings before June 13 to avoid potential losses or complications during the conversion process. It is advisable to explore alternat...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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