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Global Financial Service Disruptions

Circle

stablecoin issuer · US · Global

UnexplainedStatus: resolvedTier 2Severity 1 of 5Evidence confidence: highAnalyst-verified

Circle status page: "USDC on Morph : Delayed mints and burns (technical difficulties)", from 29 Oct 23:01 UTC to 30 Oct 20:11 UTC.

First disruption
Oct 29 23:01 UTC
First public signal
Oct 29 23:01 UTC (status page post)
Acknowledged
Oct 29 23:01 UTC
Restored
Oct 30 20:11 UTC
Duration
21.2 hours
DFX first recorded
Nov 5 14:58 UTC

What was restricted

withdrawalsdepositsScope: single service

USDC on Morph : Delayed mints and burns (technical difficulties)

Cause, kept in separate layers

What the institution said
USDC mints and burns on Morph are experiencing technical difficulties and temporary delays. We are currently investigating the cause and working to resolve the issue.
DFX classification
Unexplained (cyber: unconfirmed)
Conflicting reports
Start is the first status post, not necessarily the first disruption.

Evidence

Other restrictions at Circle