The U.S.-based stablecoin issuer said it would discontinue minting USDC on the Tron network “to ensure that USDC remains trusted.”
Circle, the issuer of the U.S. dollar-pegged stablecoin USD Coin (USDC), says it will discontinue support for the token on the Tron blockchain.
In a Feb. 20 blog post, Circle said it would “no longer mint USDC on TRON,” effective immediately, and would gradually phase out support for the blockchain network.
“Circle will support Circle Mint customers’ transfer(s) of USDC to other blockchains through February 2025,” it added.
