Sei Network Warns USDC.n Could Become ‘Inaccessible’ After March - Unchained

robot
Abstract generation in progress

Sei Network issued a warning to holders of USDC.n tokens, urging them to swap for native USDC ahead of a major upgrade planned for March.

USDC.n is a bridged version of Circle’s USDC stablecoin on the Sei Network, originally issued on the Noble appchain and enables interoperability in ecosystems like Cosmos.


This story is an excerpt from the Unchained Daily newsletter.

Subscribe here to get these updates in your email for free


The SIP-3 upgrade, scheduled for the mainnet in March, will transition Sei to an EVM-only chain, meaning it will no longer support Cosmos-native assets like USDC.n.

“After this upgrade, USDC.n may become inaccessible or lose its value on the Sei Network,” said the Sei team in a statement

The team urged holders to use tools like DragonSwap or Symphony to swap small amounts, and Brr to migrate larger volumes through Circle’s Cross-Chain Transfer Protocol (CCTP).

SEI-2,02%
USDC0,01%
ATOM6,7%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)