dYdX proposes shifting USDC backing from Noble to Injective
DEFIdYdXcoinbrief/daily · 1 source
- Severity
- Low
- Sources
- 1
What happened
The trading platform dYdX has proposed a change to how the stablecoin USDC is handled for its deposits and withdrawals. Under the proposal, which is called v9.9, the routing would move from Noble to Injective. Existing USDC balances, collateral and open positions would stay the same.
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What to do
- If you use dYdX deposits or withdrawals, check the v9.9 proposal details when they are published.
Written by AI from the sources, checked against them
Full story timeline · 1 update
Who reported · 1 outlet
The Defiant