# USDC DEPEG

**Published by:** [Bano_btc](https://paragraph.com/@bano-btc/)
**Published on:** 2023-03-11
**URL:** https://paragraph.com/@bano-btc/usdc-depeg

## Content

We are temporarily pausing USDC:USD conversions over the weekend while banks are closed. During periods of heightened activity, conversions rely on USD transfers from the banks that clear during normal banking hours. When banks open on Monday, we plan to re-commence conversions.

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