"Binance Ceases USDC Support on Tron Network"

Binance announced that it will no longer support the deposit and withdrawal of the USDC stablecoin on the Tron blockchain network starting from April 5. This decision follows Circle's move to cease creating USDC tokens on the Tron blockchain. Despite this change, users can still trade USDC on Binance, and deposits and withdrawals via other supported networks will not be affected. Tron, whose founder Justin Sun faced legal action from the SEC last year, did not immediately respond to Reuters' request for comment.