Paxos incident

Paxos - Crypto Transfers on Polygon Network Incident Resolved

Minor Resolved View vendor source →

Paxos experienced a minor incident on December 17, 2025 affecting Crypto Transfers and Crypto Transfers and 1 more component, lasting 4h 23m. The incident has been resolved; the full update timeline is below.

Started
Dec 17, 2025, 07:29 PM UTC
Resolved
Dec 17, 2025, 11:52 PM UTC
Duration
4h 23m
Detected by Pingoru
Dec 17, 2025, 07:29 PM UTC

Affected components

Crypto TransfersCrypto TransfersCrypto Transfers

Update timeline

  1. identified Dec 17, 2025, 07:29 PM UTC

    USDC transactions on Polygon PoS are currently blocked due to an issue with the Polygon mainnet. Crypto Deposits and Withdrawals will be processed once the network has recovered.

  2. resolved Dec 17, 2025, 11:52 PM UTC

    This issue is now resolved, and all functionality on Polygon PoS is restored.