Crypto Firm Circle Ends USDC Support on Tron

Circle, a prominent U.S. cryptocurrency firm, has announced its decision to discontinue support for its USDC token on the Tron blockchain network. The company revealed this strategic move on Wednesday, emphasizing its commitment to maintaining the trustworthiness, transparency, and safety of the USDC stablecoin. Reasons Behind the Decision Based in Boston, Circle conveyed through a blog post that it would immediately cease the minting of USDC tokens on Tron. For starters, Tron, recognized for its rapid growth and widespread usage for stablecoin transfers, has recently faced...

source: https://tokenpost.com/Crypto-Firm-Circle-Ends-USDC-Support-on-Tron-11283

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