Sei warns USDC.n token holders to exchange them for the "native" stablecoin before the upgrade plan.

CoinNetwork · 2026-01-08T01:25:34+00:00

Sei platform warns users holding USDC.n to convert to native USDC as soon as possible to prevent loss of access or value after the SIP-3 upgrade in March. Currently, USDC.n balances have sharply decreased to approximately $1.4 million, and users are gradually migrating. It is recommended to use DragonSwap or Symphony for small transfers, while large holders can perform batch transfers via Brr.

CoinNetwork

2026-01-08 01:25:34

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Sei warns users holding USDC.n (the USDC bridge version provided by Noble) to convert it to native USDC as soon as possible before the SIP-3 upgrade in March. This upgrade will deprecate CosmWasm and native Cosmos assets, potentially making USDC.n inaccessible or worthless. Currently, there is only about $1.4 million in USDC.n on the Sei platform, far below the previous level of several million dollars, as users gradually migrate. Small holders are advised to use DragonSwap or Symphony for conversion, while large holders should use Brr’s tools to perform batch transfers via Polygon and Circle’s CCTP. Circle Ventures invested in Sei at the end of 2023, after the company established a partnership with Noble, which is its main deployment channel for Cosmos USDC.

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