Circle, a well-known issuer of cryptographic stablecoins, announced this morning that it will immediately stop supporting its USDC coin within the Tron blockchain, citing a group adjustment as part of its risk strategy.
Users holding USDC on the Tron network can perform the official redeem until February 2025 to redeem fiat currency, or use a variety of intermediary services available on CEX or in DeFi.
The choice of the issuer suggests a likely expansion of the company in the field, which could be inclined to launch its own native network in the future.
In the coming months, Circle could also abandon other blockchains if it deems it appropriate.
USDC stablecoin: Circle abandons Tron blockchain as part of its risk management strategy and considers a proprietary network
The stablecoin issuer Circle, officially announced this morning that it will remove USDC support on the Tron blockchain, as part of its risk exposure strategy adjustment.
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We współpracy z: https://en.cryptonomist.ch/2024/02/21/circle-usdc-ceases-to-exist-on-the-tron-blockchain/
