TREE NEWS update: Extended will require holders of more than $1 of USDT or wBTC in a sub-account to convert or withdraw their assets ahead of an Oct. 22 settlement migration from Starknet to Arc, warning that non-compliant balances face forced closure. The exchange’s notices, however, give conflicting deadlines for the move, leaving users uncertain about the exact cutoff.
Extended Sets Oct. 22 Settlement Move From Starknet to Arc
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AI take
The forced-conversion mechanism matters less than the operational risk it exposes: a venue migrating settlement layers is asking users to act on deadlines it cannot state consistently. That ambiguity affects any trader holding even modest sub-account balances in USDT or wBTC, not just large positions. The open question is whether Extended clarifies the cutoff before Oct. 22, and whether conflicting notices become a recurring pattern as more exchanges move settlement off Starknet toward Arc.
Generated by AI for reference only.
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