Resolved after 10 hours 49 minutes, affecting Stablecoin Orchestrations and Orchestrations API, on August 24, 2026.
We are continuing to monitor for any further issues.
Affected components
Stablecoin OrchestrationsOrchestrations API
Update timeline
- investigating Aug 24, 2026, 05:33 PM UTC
We are currently experiencing delays in processing conversions involving USDC on the Ethereum network. Customers can continue to submit conversions but may experience delays in processing. Conversions involving other assets and networks are not affected.
- monitoring Aug 24, 2026, 09:33 PM UTC
Processing times for USDC conversions on the Ethereum and Base networks have returned to normal. We are monitoring recovery.
- monitoring Aug 25, 2026, 02:10 AM UTC
We are continuing to monitor for any further issues.
- resolved Aug 25, 2026, 02:15 AM UTC
This incident has been resolved.
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