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Waves DEX users panic as USDT and USDC disappear

Waves DEX users panic as USDT and USDC disappear

It’s unclear where the USDT and USDC have gone, given that data shows more than $81 million worth of the tokens on the Waves DEX protocol.

Cryptocurrency news by Protos · Protos

January 16, 20232m 20s

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Show Notes

Waves DEX users have been complaining that they can’t withdraw USDT or USDC from the exchange. On the Waves blockchain explorer, withdrawals of USDT and USDC seem to be working normally but users are struggling to get their transactions actioned in reality.


When looking at the Waves DEX Ethereum bridge, it seems that it’s been depleted of all its USDC and USDT. Users took to Twitter to ask Sasha Ivanov, founder of Waves and the administrator of the Waves DEX to ask about their balances but received no replies.


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