USDC Minting on TRON Ceases, All Support to Be Withdrawn Next Year
Centralized stablecoin issuer Circle is discontinuing support for USD Coin (USDC) on the Tron blockchain, citing concerns within its risk management framework. According to a Feb. 21 statement, this decision is rooted in the firm’s commitment to ensuring USDC remains “trusted, transparent and safe” for its user base. The company added that this move was part of “an enterprise-wide approach” involving various departments, including business organization and compliance.
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