Binance, one of the largest cryptocurrency exchanges in the world, has announced the suspension of operations for depositing and withdrawing the USDC stablecoin via the TRON network starting from April 5th of the current year. This decision followed an announcement by Circle, the issuer of USDC, regarding the cessation of support for issuing this stablecoin on the TRON network. In connection with this, Binance recommends its users to complete all necessary transactions before the specified date to avoid possible inconveniences.
After April 5th, deposits of USDC sent via the TRON network will not be credited to users' accounts. At the same time, the platform emphasizes that the changes will only affect transactions on the TRON network and will not impact USDC operations in other blockchains. This decision by Binance reflects changes in the stablecoin ecosystem and approaches to their usage across different blockchain networks.
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