Upbit Flags SOPH for Review as Binance Delists Seven USDC Pairs
- —Upbit suspended SOPH deposits and designated the token a trading-warning asset
- —Binance will delist seven USDC spot pairs on September 25
- —Affected pairs include AIXBT, DOLO, ENJ, HUMA, SXT, TNSR and TURTLE
- —The underlying tokens remain tradable in other pairings
Why it matters: The delistings reduce liquidity for the affected tokens, while Upbit's review of SOPH could add further selling pressure.
Source: Coinfomania