Mercado Bitcoin freezes near $7 million as USDC and gold tokens locked
A researcher estimates that freezes tied to Mercado Bitcoin total close to $7 million, with onchain records showing Circle freezing USDC on Polygon and Paxos freezing gold tokens on Ethereum. Exchange withdrawals reportedly remain suspended. Traders would care because stablecoin and tokenized-gold freezes at a major Latin American exchange raise counterparty and liquidity concerns for holders.
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1H AGOYou’re reading thisMercado Bitcoin freezes near $7 million as USDC and gold tokens lockedThe Defiant · Score 55
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