Circle discontinues USDC on Tron, citing risk management, impacting USDC holders and Tron's DeFi ecosystem. Options for transfer to supported networks provided amidst regulatory concerns and strategic shifts.
AlexCircle has decided to stop supporting USDC on the TRON blockchain due to risk management concerns, possibly influenced by allegations of TRON's involvement in terrorism financing. Despite this, TRON's cryptocurrency, TRX, continues to perform well in the market.
MiyukiCircle discontinues support for USDC on Tron blockchain, citing trust and safety concerns. Immediate halt in USDC minting on Tron; retail users urged to transition to other networks. Decision follows scrutiny over Circle's ties to Tron founder amid legal actions.
EdmundConcerns mount over Circle's ties to TRON and potential involvement in illicit activities, highlighting the need for stricter oversight.
BerniceCircle, the company behind the popular USDC stablecoin, just got an official greenlight to operate in Singapore.
BitcoinistThe hacker tweeted about a fake USDC airdrop to compensate holders who held the stablecoin during its depeg.
CryptoSlateThe USDC issuer has started investing funds into its CRF (Circle Reserve Fund) to ensure that holders can redeem their coins when they want.
BitcoinistThe entire crypto space felt a negative impact from the failure of the algorithmic stablecoin UST and Terra’s native token, ...
BitcoinistBanking Circle was launched in 2016 with a mission to help payments businesses reach new global markets, avoiding the burdens of traditional banking.
CointelegraphThe firm previously said its reserves would be in cash and treasuries.
Cointelegraph