Binance to discontinue USDC support on the Tron blockchain

📆 3/25/2024 8:18 AM
📰 TheBlock__

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The decision from Binance comes more than one month after Circle announced that it immediately ended USDC minting services on Tron.

Binance will discontinue support for USDC — a prominent dollar-pegged stablecoin — deposits and withdrawals on the Tron blockchain on April 5.

Because the change is specific only to USDC issued on the Tron blockchain, deposits and withdrawals of the stablecoin on other networks — such as Ethereum — will not be impacted.Binance's decision to remove support for TRC20 USDC comes more than one month after the stablecoin's issuer, Circle, announced that it immediately ended USDC minting services on Tron.

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Protocol Village: Burnt Banksy Launches XION Blockchain, With USDC as Primary CurrencyBradley Keoun is the managing editor of CoinDesk's Tech & Protocols team. He owns less than $1,000 each of several cryptocurrencies.
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