Sei Network is about to launch an upgrade in March. This update has an important message for token holders—if you still hold USDC.n, you need to exchange it for native USDC as soon as possible. According to official notices, after the upgrade, USDC.n may become invalid on-chain or experience significant devaluation.
USDC.n is a version that Circle migrated from Noble Chain in the early years. At that time, Sei did not support native USDC, so this version was once the most mainstream stablecoin on the network. Currently, there are approximately $1.4 million worth of USDC.n remaining on Sei to be exchanged, and the time window is closing.
If you haven't taken action yet, it is recommended to log into your exchange or wallet and convert these assets now. Don't wait until the upgrade actually happens—by then, it might be too late.
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SurvivorshipBias
· 01-11 02:39
Another mess with this upgrade, everyone hurry up and run away
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Is USDC.n about to fail? It’s about time to clear out, who’s still holding this stuff
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$1.4 million USD and no one moves? That’s some serious calmness, I already swapped out long ago
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Wait, really? An upgrade can fail? This chain is a bit something
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Give me ten minutes, I guarantee I can handle it. These things can’t be delayed
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Here we go again, why is the Sei network causing so many issues
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Honestly, this warning came just in time, much better than those black box operations in the crypto world
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Only $1.4 million? Feels like not a big deal, why bother reminding
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I just want to know why not exchange in advance, why wait until the last minute
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We need to quickly ask in the group if anyone hasn’t swapped yet, don’t get caught in a trap
View OriginalReply0
LiquidityHunter
· 01-09 21:06
1.4 million USDC liquidity gap. This price gap window won't be open for much longer.
View OriginalReply0
DecentralizedElder
· 01-09 07:29
Here we go again? 1.4 million USDC.n hasn't reacted yet, how lazy do these guys have to be to drag it out until now
Hurry up and get moving, everyone, or you'll have nowhere to cry in March
This time, a sufficient warning has been given, don't say the officials didn't remind you
I previously suffered losses from cross-chain transfers, so I decided to act early this time
Sei's recent moves are quite serious, it doesn't seem like a joke
Take advantage of the window period and exchange quickly, stablecoin matters can't be gambled with
It's a bit desperate, could it directly become invalid? This pace is faster than the previous times
View OriginalReply0
NotFinancialAdvice
· 01-08 14:58
I'm a bit suspicious. Has no one exchanged the $1.4 million USDC.n yet? How little attention is that... Quickly check your wallet, don't wait until the upgrade day to cry.
This kind of risk warning is missed every time, and then people ask what to do... Act early and don't delay.
It's the same "about to expire" rhythm again, always making things very urgent... But this time it's really true, USDC.n needs to be handled.
Wait, it's already March and some people are still holding this? Hurry up and exchange it, why are you still waiting?
I've seen this trap too many times. Don't be the last group to regret.
View OriginalReply0
FlashLoanLarry
· 01-08 14:53
ngl this is textbook protocol deprecation risk management... $1.4M sitting in legacy USDC.n while the window closes feels like a thesis validation moment waiting to happen
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PumpBeforeRug
· 01-08 14:52
Here we go again, are there still people who haven't switched to USDC.n? This time, we really need to take action.
1.4 million dollars are just sitting there, and with the upgrade, it will directly become an air coin.
I'm the kind of person who has learned from lessons; I've already switched... Don't ask me why, just ask if I'm afraid to die.
Hurry up and operate your wallet, or you'll regret it when it's too late.
These cross-chain versions of stablecoins are just trouble; they should have been fully native long ago.
Friends who are still on the sidelines, March really waits for no one. Trust me, I'm right.
It's outrageous—there are still people who haven't realized that 1.4 million is involved? Are you guys sleeping?
This is the last window of opportunity before the upgrade, everyone, cherish it.
View OriginalReply0
StablecoinSkeptic
· 01-08 14:51
It's the same old trick, every upgrade has to be a hassle, so annoying.
What's the situation with the 1.4 million USDC.n that haven't been exchanged yet? Isn't that common sense?
Sei's upgrade is so mysterious, is it reliable or not?
I've already exchanged it, just waiting to see how things develop later.
If they really run away this time, I'll just laugh. Stablecoins still need to be protected from this kind of thing.
View OriginalReply0
GasFeeCrier
· 01-08 14:39
Another rush to meet the deadline, still haven't exchanged the 1.4 million USD... It's a bit uncertain.
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Is USDC.n really going to be phased out? I'm still holding some.
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Already exchanged it long ago. Don't step into this trap twice.
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Wait, isn't there really no buffer period before the upgrade? Feels like time is very tight.
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I just want to know why they didn't do native support from the start, and now they're pulling this stunt.
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Hurry up and check your wallet, afraid you're going to lose again.
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The 1.4 million is still just sitting here. How lazy can you be, everyone?
View OriginalReply0
UnluckyValidator
· 01-08 14:39
Here we go again, friends holding USDC.n, wake up quickly
$1.4 million waiting to be exchanged... does anyone really react only at the last moment?
Why do I always encounter these kinds of things? Now I have to check my wallet
If I don't upgrade before, I’ll just wait and watch the show. Heard of catastrophic losses?
No way, USDC.n is going to cool off again. I just want to safely buy a stablecoin
This is why I hate all versions of cross-chain bridges, so troublesome
A $1.4 million trap, hope it's not another scam
Hurry up and exchange, don’t be as passive as I am
Sei Network is about to launch an upgrade in March. This update has an important message for token holders—if you still hold USDC.n, you need to exchange it for native USDC as soon as possible. According to official notices, after the upgrade, USDC.n may become invalid on-chain or experience significant devaluation.
USDC.n is a version that Circle migrated from Noble Chain in the early years. At that time, Sei did not support native USDC, so this version was once the most mainstream stablecoin on the network. Currently, there are approximately $1.4 million worth of USDC.n remaining on Sei to be exchanged, and the time window is closing.
If you haven't taken action yet, it is recommended to log into your exchange or wallet and convert these assets now. Don't wait until the upgrade actually happens—by then, it might be too late.