Dapper Labs Removes ACH Withdrawal Option
Dapper Labs, the company behind NBA Top Shot, has announced the removal of its ACH withdrawal option, citing Circle's decision to stop supporting it.
❗ Why It Matters
Circle is looking for new banking partners as Silvergate Bank's future in the space looks uncertain. Circle has said it will be continuing with "regular operations" as it looks for new partners.
🔍 The Deets
Dapper will continue to support withdrawals using wire transfers and $USDC transactions in the meantime.
🎤 Founder Feedback
We are communicating with customers and have taken steps to ensure access to customer funds via alternative payment and redemption channelsCircle