Increased withdrawal times for USDP on Solana

Incident Report for Paxos

Resolved

This incident has been resolved.

Posted Mar 22, 2024 - 12:59 EDT

Monitoring

Due to an increase in congestion on the Solana network, we are experiencing delays broadcasting USDP withdrawals. Once congestion decreases, withdrawals should process normally.

Posted Mar 22, 2024 - 12:47 EDT

This incident affected: Paxos v1 API (Crypto Transfers) and Paxos v2 API (Crypto Transfers).