Binance.US today announced that it will support the TerraUSD (UST) contract swap from “Shuttle” to “Wormhole”. Wormhole V2 is a decentralized cross-chain bridge created by Terra that allows users to seamlessly move assets between the Terra, Solana, Ethereum, and BNB Smart Chain networks.
The previous cross-chain bridge, Shuttle Bridge, will be depreciated. Please note that Binance.US only supports BNB Smart Chain (BEP20) and Ethereum (ERC20) UST deposits and withdrawals.
- Deposits and withdrawals of BEP20 and ERC20 UST will be temporarily suspended on May 8, 2022 at approximately 7 p.m. PDT / 10 p.m. EDT.
- Any UST (Shuttle) deposits that are made or in-progress after deposits are suspended will not be credited to your account.
- Please take into account cryptocurrency deposit processing times to ensure the transaction is confirmed before deposits are suspended.
- Once the contract swap is complete, UST (Shuttle) will be renamed to WUST, while UST (Wormhole) will retain the previous UST ticker and logo.
- Deposits for WUST will no longer be supported, while withdrawals will still remain enabled.
- Only deposits and withdrawals of TerraUSD (UST) are affected during the contract swap. The trading of UST will not be affected during this time.
- Binance.US will implement all applicable technical updates for customers who hold UST in their Binance.US account.
- We will open the deposits and withdrawals for UST when the network is stable. The estimated timeline is one or more weeks.
- We will issue a separate announcement once the UST (Shuttle) contract swap for UST (Wormhole) is completed and deposits & withdrawals resume.
For more information on the new UST (Wormhole) smart contract addresses, please refer to the following information:
- UST (Wormhole) BEP20 smart contract address:
- UST (Wormhole) ERC20 smart contract address:
Learn more about Wormhole V2.
*Update 5/31/22: Binance.US will temporarily delay the TerraUSD (UST) contract swap from “Shuttle” to “Wormhole”. Please see Binance.US Resumes UST Deposits & Withdrawals & Temporarily Delays TerraUSD (UST) Contract Swap for more information.
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Binance.US reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.