Skip to main content

Matrixport Will Delist USDV and Support The Conversion of USDV to USDC

Updated yesterday

Dear user:

According to the Verified USD Foundation, the foundation has stopped new USDV minting and will officially stop supporting USDV starting December 31, 2024. The foundation plans to dissolve on June 30, 2025. In this case, Matrixport platform will support USDV delist, and assist users in completing the USDV exchange process, to ensure that assets can smoothly carry out the above conversion.

USDV Services

  • Matrixport will terminate the deposit and withdrawal services of USDV, and delist all USDV token services, starting 4:00 p.m., May 21, 2025 (UTC+8);
    *Matrixport will send an email to every USDV holder and reminder about the delisting news*

Asset conversion

  • Matrixport will convert users’ USDV holdings to USDC at a 1:1 ratio and then distribute them to user’s account;

Notes:

*Matrixport will no longer support USDV deposit, withdrawal, and trading services. Please do not deposit after 4:00 p.m, May 21, 2025 (UTC+8) to avoid unnecessary asset losses.*

Matrixport team

May 19, 2025

Did this answer your question?