Binance Completes USDC Integration on Arc Network and Opens Deposits

According to the announcement from Binance, the exchange has completed the integration of USDC (USDC) on the Arc network, and deposits are now open. The update confirms that users can begin depositing USDC on the aforementioned network following the completion of the integration. Binance said withdrawals for USDC on the Arc network will open once there are sufficient deposits, and no further announcement will be issued for that step. The notice also states that the products and services mentioned may not be available in all regions. The announcement does not include any additional operational changes beyond the deposit activation and the planned withdrawal opening tied to deposit levels. USDC Details and Network Update The announcement identifies USDC as an e-money token issued by Circle Internet Financial Europe SAS. It also notes that USDC holders have a legal claim against Circle SAS as the EU issuer of USDC and are entitled to request redemption of their USDC from Circle SAS. According to the notice, such redemption will be made at any time and at par value. Binance included this information alongside the network integration update, but the core operational change in the announcement is the completion of USDC integration on Arc and the immediate opening of deposits. The exchange did not provide any additional timeline for withdrawals beyond stating that they will begin once sufficient deposits are received.