Binance to suspend Optimism USDT deposits and withdrawals for token contract swap

Binance to suspend Optimism USDT deposits and withdrawals for token contract swap

N
News Editor
2026-09-14 04:01:51
Binance said it will suspend deposits and withdrawals for USDT tokens on the Optimism network at 02:00 UTC on Sept. 17, 2026, to support a token contract swap. The exchange said the conversion will be carried out at a 1:1 ratio. After the swap, the new token will be called USDT0, while the old token will be renamed OPUSDTE. Binance added that spot, margin and futures trading, along with Binance Earn services, will not be affected by the change. The notice was reported by BlockBeats on Sept. 14.

Binance will suspend deposits and withdrawals for USDT tokens on the Optimism network at 02:00 UTC on Sept. 17, 2026, to support a token contract swap, according to BlockBeats.

The exchange said the swap will be conducted at a 1:1 ratio. After the conversion, the new token will be named USDT0, while the old token will be renamed OPUSDTE.

Binance said spot, margin and futures trading, as well as Binance Earn services, will remain unaffected.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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