OKX has announced it will suspend USDC deposits and withdrawals on the Solana network for wallet maintenance, temporarily cutting off one of the most popular stablecoin transfer routes for users of the exchange.
The suspension applies specifically to USDC transfers using the Solana network on OKX. According to an official OKX support notice, the exchange is pausing these transactions for wallet maintenance purposes. Trading of USDC on the platform is not affected. For related coverage, see After the $285M Drift Hack, Solana’s New Scare Points to Insider Crypto Risk.
Users who rely on the Solana network to move USDC in or out of OKX will need to select an alternative network, such as Ethereum or Tron, until the suspension is lifted. Sending USDC to an OKX deposit address on the Solana network during the maintenance window could result in delayed or lost funds. For related coverage, see UPDATE: Arthur Hayes Questions Whether Solana Native Multisig Could Have Prevented the Drift Hack.
What OKX Users Should Do During the Suspension
The core actions disrupted are deposits and withdrawals of USDC routed through Solana. Users can still hold and trade USDC on OKX, and transfers on other supported networks remain operational.
Before initiating any USDC transfer, users should verify which network they have selected in the OKX withdrawal or deposit interface. Choosing the wrong network during a suspension can lead to funds being stuck until maintenance concludes.
This type of network-specific suspension is a routine exchange operation, not a reflection of broader issues with Solana or USDC. Similar maintenance events have occurred on other platforms, including Binance’s recent service suspensions and Binance France’s shift to withdrawals-only access under different circumstances.
What to Watch After the Suspension
OKX has not publicly specified an exact resumption date in the initial announcement. Users should monitor the exchange’s official status updates for a timeline on when Solana USDC deposits and withdrawals will reopen.
Before resuming transfers after maintenance ends, users should confirm that Solana is listed as an active network for USDC on OKX. Wallet maintenance can occasionally result in updated deposit addresses or changed network configurations.
Solana remains a major network for USDC circulation, and institutional partnerships continue to expand its stablecoin infrastructure. The OKX suspension is a temporary operational pause, not a signal of reduced Solana support on the platform.
Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency and digital asset markets carry significant risk. Always do your own research before making decisions.
