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Binance to remove USDC deposits and withdraws via Tron Network

Published date:

January 29, 2026

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Crypto exchange Binance has announced its plans to terminate support for USD Coin (USDC) transfers made via the Tron Network (TRC20).

According to the blog post, USDC transfers via TRC20 will be discontinued on Binance starting April 5, 2024. Without mentioning the reason behind the sudden suspension of services, Binance clarified that users can continue to trade USDC coins on the platform via other networks.

Following Circle’s discontinuation of USDC support on the Tron network (TRC20), Binance will cease support for USDC deposits and withdrawals via TRC20 starting from 5 April 2024, 02:00 am UTC.

Users may continue trading USDC on Binance. Deposits and withdrawals of USDC via other…
— Binance (@binance) March 25, 2024

The news came just a few weeks after Circle removed USDC transfers through TRC20. In a blog post dated February 2024, Circle claimed that terminating support for the Tron Network will help keep the stablecoin transparent, safe and trusted, adding,

“Our decision to discontinue support for USDC on TRON is the result of an enterprise-wide approach that involved the business organization, compliance and other functions across our company.”

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Meanwhile, Tron (TRON) has already moved on to rival stablecoin Tether (USDT). In February, Justin Sun, the founder of Tron, revealed that the Tron blockchain intends to create a Bitcoin Layer-2 solution. Recently, a spokesperson for TRON revealed that a wrapped version of USDT could be created as part of the concept phase of this solution.

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All Bitcompare articles go through a rigorous review process before publication. Learn more about our Editorial Process and Risk Warning.

Ayush Pande

Written by:

Ayush Pande

Writer

As a tech enthusiast who's always on the prowl for the latest developments concerning crypto and hardware, you can find him covering news stories or tinkering with PCs.

About the Author

As a tech enthusiast who's always on the prowl for the latest developments concerning crypto and hardware, you can find him covering news stories or tinkering with PCs.

About the Author

Radica Maneva

Reviewed by:

Radica Maneva

Senior Editor

Radica is a Senior Editor at Bitcompare. She has worked for more than a decade at leading publications as an Editor across various industries, including crypto and finance.

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