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JPYC Resolves Polygon Issuance Delay, Processes Requests in Sequence

The delay was resolved Oct. 16. Issuance on other networks and redemptions across all networks continued without interruption.

Unmarked polygonal tokens queue beside a narrow metal channel / TokenPost.ai
Unmarked polygonal tokens queue beside a narrow metal channel / TokenPost.ai

JPYC issuance on Polygon is moving through delayed requests after a processing problem was resolved Oct. 16, with the disruption limited to one network and no impact on redemptions.

Delayed issuance requests are being handled in sequence. JPYC issuance on other networks continued, and redemptions across all networks were unaffected.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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