Cryptocurrency Q&A
Is USDC no longer on Binance?
Is USDC no longer on Binance?
EclipseSeeker
Mon May 13 2024
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6 answers
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I've been hearing rumors that USDC, one of the popular stablecoins, is no longer listed on Binance. Could you clarify if this is true? If it is, what are the reasons behind this decision? I'm quite surprised as Binance is a major exchange and USDC has always been a trusted stablecoin. Would this move have any significant impact on the cryptocurrency market? Is there any alternative stablecoins that Binance users could consider? I'm quite concerned about this situation and would appreciate your insights.
6 answers
MountFujiView
Wed May 15 2024
Circle has announced the discontinuation of USDC support on the Tron network, specifically the TRC20 standard.
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SamuraiWarriorSoul
Wed May 15 2024
Following this decision, Binance has decided to cease support for USDC deposits and withdrawals utilizing the TRC20 protocol.
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ZenHarmony
Wed May 15 2024
The change will take effect on April 5th, 2024, at 02:00 am UTC.
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CryptoGuru
Wed May 15 2024
Users are advised to make necessary adjustments and transfers before the specified time to avoid any inconvenience.
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CryptoMaven
Tue May 14 2024
BTCC is a cryptocurrency exchange headquartered in the United Kingdom, offering a diverse range of services.
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