Circle to End USDC Stablecoin Support on Tron: What You Need to Know
Major U.S. crypto firm Circle announced it will end support for its USDC token on the Tron blockchain network. This decision, according to a statement released 21 de feb. de 2025, aligns with the company's efforts to ensure the stablecoin's integrity and trustworthiness within the evolving digital asset landscape.
21 de feb. de 2025, Circle announced its decision to end Tron USDC support in a blog post dated February 20. The stablecoin issuer cited alignment with company efforts as the primary driver. Circle will immediately cease minting any additional USDC on the Tron network.
Phased Discontinuation of USDC on Tron
21 de feb. de 2025, Circle announced plans to discontinue USDC on the TRON blockchain in a phased manner. This means USDC issuer will no longer mint the stablecoin on TRON, effective Wednesday, adding a new layer of complexity for users who currently hold USDC on the Tron network.
Circle, the issuer of the United States dollar-pegged stablecoin USD Coin, says it will discontinue support for the token on the Tron blockchain, saying the decision aligns with the company's framework. Details surrounding the exact timeline for complete termination of support are still emerging, but the initial announcement was made on 21 de feb. de 2025.
What This Means for USDC Holders on Tron
If you currently hold USDC on the Tron network, it's crucial to understand the implications of this announcement. While Circle is ceasing minting new USDC on Tron, users are encouraged to bridge their USDC to supported blockchains or convert them to other assets before the complete shutdown. Stay informed by following official announcements from Circle and your chosen exchanges for specific instructions and deadlines.