HONEY on Berachain cannot be redeemed for USDC for a long time, possibly due to the depletion of USDC in the treasury

Odaily News According to benmo.eth, HONEY on Berachain has not been able to be redeemed for USDC for more than 50 hours.
Its official redemption page shows "USDC.e is currently exhausted. Please switch to BYUSD." Currently, HONEY has not shown any obvious depegging.