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BTCC / BTCC Square / Global Cryptocurrency /
Sei Network Issues Urgent USDC.n Migration Warning Ahead of Critical SIP-3 Protocol Overhaul

Sei Network Issues Urgent USDC.n Migration Warning Ahead of Critical SIP-3 Protocol Overhaul

Author:
Global Cryptocurrency
Published:
2026-01-08 08:14:49
16
2
USDC News -

The Sei Network has issued a critical alert to users holding USDC.n, a legacy stablecoin bridged through Noble, urging immediate conversion to native USDC before March's SIP-3 protocol overhaul. This mandatory upgrade will RENDER USDC.n non-functional, with on-chain data revealing balances have already plummeted to $1.4 million—a stark decline from previous months.

This architectural shift highlights the inherent volatility and execution risk within crypto infrastructure upgrades, where protocol changes can abruptly strand digital assets. The transition aligns with a broader industry trend toward canonical, natively-issued stablecoin versions, exemplified by Circle's direct USDC issuance on the Sei blockchain.

For investors, the risks are tangible: delayed action could result in frozen liquidity or complete value erosion. This warning serves as a potent reminder of crypto's unforgiving operational landscape—network upgrades are not mere technicalities but critical financial inflection points demanding proactive portfolio management.

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