Extended Completes Arc Migration With $120 Million in TVL Moved

Extended has completed its settlement shift from Starknet to Circle’s Arc, with trading kept open during a migration that moved $120 million in TVL. Open positions and orders carried through the cutover, and deposits and withdrawals have reopened. On Arc, USD Coin (USDC) serves as dollar collateral and Circle Wrapped Bitcoin (cirBTC) as Bitcoin (BTC) collateral. Tether (USDT) and Wrapped Bitcoin (wBTC) are unsupported on the network, so affected users had to convert or withdraw them before the migration. The move follows the exchange’s pre-migration conversion terms . Arc’s mainnet launched Sept. 16.

Source: TokenPost