Binance to Halt USDC Transactions on Tron Network Starting April 5, 2024

Monday, 25 March 2024, 11:30
Binance will stop USDC transactions on the Tron network effective April 5, 2024, in response to Circle's decision. USDC trading on Binance remains unaffected, with operations continuing across various blockchains. The move highlights the industry's adjustment to regulatory landscapes and market demands, ensuring USDC's integrity and utility.
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Binance to Halt USDC Transactions on Tron Network Starting April 5, 2024

Binance Stops USDC TRC20 Deposits and Withdrawals

Binance plans to halt USDC transactions via the Tron (TRC20) network starting from April 5, 2024, at 02:00 UTC. This strategic change is in response to Circle's announcement to discontinue USDC support on the same network.

Action Required for USDC Holders

  • USDC Transactions: USDC deposits on TRC20 won't be processed post the deadline.
  • Continuous Trading: USDC dealings on other networks remain functional on Binance.
  • Other Supported Networks: Deposits and withdrawals via other networks remain unaffected.

This shift signifies the industry's adaptation to evolving regulations and market dynamics, prioritizing USDC's stability and usage on compatible networks.

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