Auto conversion of USDC and TUSD to BUSD

23 Sep

To better manage funds, on Sept 29, 2023 at 11am, all USDC and TUSD balances will be converted to BUSD at a ratio of 1:1.

Any balances you have in USDC and TUSD will just appear in BUSD up to 24 hours later (Sept 30, 2023 at 11am).
At 10:00am, one hour before the change over, we will disable deposits and withdrawals of USDC and TUSD.
We intend to re-enable deposits of USDC and TUSD, a day later at Sept 30, 2023 at 11:00 am, after we have tested that things are working as expected.
Withdrawals of USDC and TUSD will remain disabled until future notice. You may still withdraw your funds in the form of BUSD.

If there are any concerns, please contact us at support@bloomx.app.

Thank you!

Ramon Tayag

Ceasing deposits, withdrawals, and trading of USDC and TUSD