Japanese yen stablecoin issuer JPYC said a delay affecting JPYC issuance on the Polygon network, which began at around 14:00 today, has been fixed. The company said previously backlogged issuance requests are now being processed in sequence. JPYC also said the disruption was limited to issuance on Polygon. Issuance services on other networks were not affected, and redemption processing across all networks continued to operate normally during the incident. The update was posted by JPYC on X and later carried by Odaily.
Japanese yen stablecoin issuer JPYC said on X that JPYC issuance on the Polygon network began seeing delays at around 14:00 today, and that the issue has now been resolved.
The company said previously backlogged issuance requests are being processed one by one. JPYC added that issuance services on other networks were not affected, and redemption processing across all networks remained unaffected by the incident.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
