{"id":184537,"date":"2023-10-31T20:47:53","date_gmt":"2023-10-31T15:17:53","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=184537"},"modified":"2023-10-31T20:47:53","modified_gmt":"2023-10-31T15:17:53","slug":"circle-users-report-the-usdc-issuer-is-shutting-down-consumer-accounts-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/circle-users-report-the-usdc-issuer-is-shutting-down-consumer-accounts-crypto-news\/","title":{"rendered":"Circle Users Report the USDC Issuer is Shutting Down Consumer Accounts &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<p>It appears Circle intends to discontinue wiring and minting functionalities and close consumer accounts by Nov. 30.<\/p>\n<div>\n<p>Screenshots surfacing on X show that Circle, the issuer of the USDC stablecoin, is seemingly planning to close its consumer accounts.<\/p>\n<p>A screenshot of an email, shared on X by user <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/x.com\/Evan_ss6\/status\/1719343436157849789?s=20\">Evanss6<\/a>, quotes Circle as saying, &#8220;As part of Circle&#8217;s strategic review, consumer-only Circle Accounts will no longer be supported.&#8221; <\/p>\n<p>It appears Circle intends to discontinue wiring and minting functionalities and close consumer accounts by Nov. 30, as stated in the shared email. <\/p>\n<p>The motivation or rationale behind this unexpected decision remains unclear. The company has yet to respond to our requests for comment or make a public announcement on the matter.<\/p>\n<p>Consequent to this move, only business accounts will be able to mint USDC and redeem USD.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>It appears Circle intends to discontinue wiring and minting functionalities and close consumer accounts by Nov. 30. Screenshots surfacing on X show that Circle, the issuer of the USDC stablecoin, is seemingly planning to close its consumer accounts. A screenshot of an email, shared on X by user Evanss6, quotes Circle as saying, &#8220;As part [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[274,273,272,244,266,271,268,270,269,267],"class_list":["post-184537","post","type-post","status-publish","format-standard","hentry","category-de-fi","tag-crypto-finance","tag-decentralized-finance","tag-liquidity","tag-metamask","tag-pancake","tag-slippage","tag-sushiswap","tag-tronlink","tag-trust-wallet","tag-uniswap"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/184537","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=184537"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/184537\/revisions"}],"predecessor-version":[{"id":184538,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/184537\/revisions\/184538"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=184537"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=184537"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=184537"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}