Circle experienced a major incident on January 22, 2026 affecting CODEX - Cross-Chain Minting and Burning and USDC - CODEX - Minting and 1 more component, lasting 3d 8h. The incident has been resolved; the full update timeline is below.
Affected components
CODEX - Cross-Chain Minting and BurningUSDC - CODEX - MintingUSDC - CODEX - Redeeming
Update timeline
- investigating Jan 22, 2026, 08:31 AM UTC
We have identified an issue causing delays or degraded performance on Codex. Some customers may experience slower transaction confirmations or partial unavailability. Our team is investigating the root cause and working to restore normal operation as soon as possible.
- resolved Jan 25, 2026, 04:43 PM UTC
This incident has been resolved.