Dapper Labs Removes ACH Withdrawal Option

Dapper Labs Removes ACH Withdrawal Option
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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.

โ— 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.

๐Ÿ” The Deets

Dapper will continue to support withdrawals using wire transfers and $USDC transactions in the meantime.

๐ŸŽค Founder Feedback

We are communicating with customers and have taken steps to ensure access to customer funds via alternative payment and redemption channelsCircle

๐Ÿ•ณ๏ธGo Deeper

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