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Important USDC Symbol Update in Bitwave (Polygon Network)

Bitwave

Important USDC Symbol Update in Bitwave (Polygon Network)
We're updating how USDC tokens will be displayed on the Bitwave platform.
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Bitwave is making a change to the way USDC tokens are displayed on our platform. This update is part of our ongoing efforts to streamline your workflows and improve the customer experience.

What's Happening?

The symbols for Native and Bridged USDC on Polygon are updating in Bitwave:

Token Type Current Symbol New Symbol
Native USDC (on Polygon) USDC-540 POLY-USDC
Bridged USDC (on Polygon) POLY_USDC POLY-USDC.e

Why The Update? 

The launch of Native USDC on Polygon coincided with the discontinuation of support for deposits and withdrawals of bridged USDC via Circle Mint. This change will more accurately reflect Bitwave's support for both USDC types moving forward.

What Next? 

For the majority of users, no action is required. You'll see this change in Bitwave starting today. However, if you are importing Native or Bridged USDC tokens, please ensure you use the correct token identifier.

If you have any questions, reach out to our support team at support@bitwave.io.

Thank you for your continued trust in Bitwave.

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Disclaimer: The information provided in this blog post is for general informational purposes only and should not be construed as tax, accounting, or financial advice. The content is not intended to address the specific needs of any individual or organization, and readers are encouraged to consult with a qualified tax, accounting, or financial professional before making any decisions based on the information provided. The author and the publisher of this blog post disclaim any liability, loss, or risk incurred as a consequence, directly or indirectly, of the use or application of any of the contents herein.