dYdX announced it will now accept USDC deposits only through Injective and process withdrawals in USDC on the Injective network. This change comes as the dYdX Foundation's proposal to move USDC backing from Noble to Injective is under governance review, with voting closing on Nov. 16. If approved, the upgrade is expected to complete around Nov. 18, ahead of Circle's planned pause of Noble's USDC contract in January 2027. Deposits from Noble will be rejected and refunded under the new procedure, which aims to maintain user balances and token identifiers while shifting USDC issuance to Injective.
The news about dYdX routing USDC deposits and withdrawals through Injective provides context for readers following cryptocurrency developments. For readers following major cryptocurrencies on Pluang, here is the market snapshot as of Nov 14, 2026 17:41 WIB: out of 50 major cryptocurrencies, 5 rose and 44 fell today. Notable price changes include COTI at Rp160 with a -5.34% change, ALGO at Rp1.513 with a -4.96% change, and DOT at Rp14.329 with a -4.89% change.
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