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StablecoinsThe DefiantFiled 2 days ago

Horizen’s Nov. 4 Bridge Cutoff Leaves USDC.e Outside DAO Recovery Plan

Open the sourceReported by The Defiant, thedefiant.io, 2 November 2026, by The Defiant Team
Impact 70 of 100, notable

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Horizen's DAO recovery plan will exclude USDC.e balances, with the cross-chain bridge to Base shutting down on Nov. 4, leaving holders of that token outside the recovery scope. The DAO plans to return remaining ZEN, including staking rewards, and eligible ETH balances on Base in the second half of November. The cutoff matters because any USDC.e stranded on the Horizen side after the bridge closes will fall outside the DAO's distribution, creating a hard deadline for affected holders. The plan covers ZEN and ETH but not the bridged stablecoin, a gap that could leave a portion of user funds unrecoverable through official channels. Watch for whether the DAO amends the plan before the Nov. 4 bridge shutdown or provides a separate path for USDC.e holders.

Muhabbit's AI wrote this summary in its own words from The Defiant's report. It can get details wrong, so check the source.

Named in this story

Horizen, Horizen DAO, USDC.e, ZEN, Base