Bithumb temporarily suspended Tether (USDT) withdrawals on the Tron network.
DeFi & Yields ·
Bithumb, a major cryptocurrency exchange, has temporarily suspended withdrawals of Tether (USDT) on the Tron network, according to an official notice. The suspension affects users seeking to transfer USDT via Tron but does not specify a reason for the halt or an expected timeline for resumption.
The move restricts liquidity access for a significant stablecoin and network pair. Tether on Tron has become a widely used bridge for trading activity, particularly in Asia-Pacific markets. Temporary withdrawal suspensions at major exchanges can occur due to network congestion, maintenance, security concerns, or technical investigation.
It remains unclear whether other exchanges have implemented similar restrictions, whether the suspension is permanent or temporary, or what underlying technical or operational issue may have prompted it. The notice provides no indication of the scope or duration of the suspension.