Users were unable to carry out US bank account transactions on Sunday. The Automated Clearing House Network is used for electronic transfers between bank accounts in the country. The company said on its status page that it was able to resolve the problem by noon.

Users were still able to purchase cryptocurrencies with a card during the downtime. They weren't able to withdraw money from a US bank account.

The issue has been resolved and the transfers are being processed. We apologize for the time taken. The company said that users' funds were not at risk during the downtime.

According to Web3 is going great, the largest exchange in the US is Coinbase. In terms of trading volume, it's seventh in the world. Over the course of the previous 24 hours, users of the platform had traded over half a billion dollars.