WEMIX "WEMIX Dollar support to end within the year"

Source
Son Min

Summary

  • WEMIX said it will discontinue support for WEMIX Dollar within the year.
  • WEMIX Dollar will be converted to USDC.e, and holders were told they can convert even after service termination.
  • USDC.e leverages Chainlink CCIP technology to strengthen interoperability, and the WEMIX 3.0 ecosystem's global expansion is expected.

WEMIX (WEMIX) is ending support for its dollar-based stablecoin WEMIX Dollar (WEMIX$).

On the 9th (local time), WEMIX said via Medium, "We plan to discontinue support for WEMIX Dollar within the year," and "WEMIX Dollar will be converted to USDC.e." WEMIX Dollar holders can convert to USDC.e at any time through the module service even after the service ends.

WEMIX said, "USDC.e is implemented based on Circle's USDC and Chainlink (CCIP·Cross-Chain Interoperability Protocol) technology," adding, "Interoperability is strengthened, and global expansion of the WEMIX 3.0 ecosystem is expected."

publisher img

Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
What did you think of the article you just read?