Native Markets, the issuer of USDH, said the redemption portal on the USDH website has been shut down. After the portal went offline, USDH redemption and exchange services were moved to Bridge’s official channel. Native Markets said Bridge will continue to offer 1:1 USDH redemption and exchange for the next several months. Users, however, will need to complete a separate account registration and onboarding process on the Bridge platform to access the service. The update was reported by Odaily as a 7x24 newsflash.
Odaily reported that Native Markets, the issuer of USDH, has shut down the redemption portal on the USDH website.
Following the shutdown, USDH redemption and exchange services are being moved to Bridge’s official channel. For the next several months, Bridge will continue to provide 1:1 redemption and exchange for USDH, though users must complete a separate account registration and onboarding process on the Bridge platform.
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