Crypto exchange Binance said it would end support for Tron network-based USD Coin (USDC) stablecoins by April 5, according to a March 25 statement, following recent news Circle is pulling out of the Tron blockchain entirely.
Consequently, Binance users have less than two weeks to withdraw their assets or convert them to USDC on alternative networks. Notably, transactions involving USDC via other supported networks like Ethereum remain unaffected.
Amid these developments, the Philippines’ Securities and Exchange Commission (SEC) will reportedly block its citizen access to Binance within the next three months because the crypto trading platform is unregistered in the country.
Why Binance ended support for Tron-based USDC
Last month, Circle abruptly announced that it ended support for Tron-based USDC as part of “an enterprise-wide approach” involving various departments, including business organization and compliance.
In response, Tron network’s founder, Justin Sun, respected the

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