US crypto firm Circle ends USDC support on Tron blockchain due to risk management.
US crypto firm Circle will end support for its USDC stablecoin on the Tron blockchain network, citing risk management. The company stated that the decision aligns with its efforts to ensure the USDC remains trusted, transparent, and safe. Circle assured that institutional clients can transfer USDC held on Tron to other blockchains or redeem the tokens with Circle for traditional currencies.
February 21, 2024
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