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Binance to remove USDC deposits and withdraws via Tron Network

Ayush Pande
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Ayush Pande
Reviewed by:
Ayush Pande
Binance to remove USDC deposits and withdraws via Tron Network
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Cryptocurrencies can be volatile and high risk. Though our articles are for informational purposes only, they are written in accordance with the latest guidelines from tax agencies around the world and reviewed by certified tax professionals before publication. Learn more about our Risk Warning and Our Editorial Process.

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. 

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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Ayush Pande
Written by:
Ayush Pande
Co-Founder & CEO

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
Ayush Pande
Reviewed by:
Ayush Pande
Writer

Binance to remove USDC deposits and withdraws via Tron Network

Binance has announced its plans to terminate support for USD Coin transfers via the Tron Network.
Crypto exchanges
Dot
April 5, 2025
Ayush Pande

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.

in
TABLE OF CONTENTS
Richard Teng, CEO of Binance; Photo Source: Binance (Youtube)

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. 

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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Subscribe to our newsletter to get tips, our favorite services, and the best deals on Bitcompare-approved picks sent to your inbox


‍

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.

‍

Binance
TRON
Justin Sun
Tether
Stablecoin
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March 25, 2024

Binance to remove USDC deposits and withdraws via Tron Network

HomeCrypto exchanges
Blog Post
Contents
Richard Teng, CEO of Binance; Photo Source: Binance (Youtube)

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. 

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.” 

‍



Get Our Free Newsletter

Subscribe to our newsletter to get tips, our favorite services, and the best deals on Bitcompare-approved picks sent to your inbox


‍

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.

‍

Binance
TRON
Justin Sun
Tether
Stablecoin
Ayush Pande

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.

in

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. 

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.” 

‍



Get Our Free Newsletter

Subscribe to our newsletter to get tips, our favorite services, and the best deals on Bitcompare-approved picks sent to your inbox


‍

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.

‍

Written by
Ayush Pande
Binance
TRON
Justin Sun
Tether
Stablecoin

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