CoinScoopUsePaid Suspends X Money Payments Following Volume Surge
Solana-based DeFi protocol UsePaid has paused X Money payments after encountering issues following a $1.54 million volume spike. The platform stated that existing balances remain secure and fees will continue to accrue, with a temporary web portal for claims expected soon. Previously, the protocol reported failures in Automated Clearing House (ACH) deposits, leading to a temporary $750 payout cap per user.
Summaries are written by AI from the original article. Not investment advice.