Cryptocurrency Q&A
Did Binance delist USDC?
Did Binance delist USDC?
Lorenzo
Wed Jun 12 2024
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6 answers
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Could you please clarify for me? I've heard rumors that Binance might have delisted USDC. Is this indeed the case? If so, could you explain the reasons behind this decision? I'm quite interested in understanding the potential impact this might have on the cryptocurrency market, as well as the role it might play in Binance's overall strategy. Would you mind sharing your insights on this matter? Thank you for your time and consideration.
6 answers
emma_grayson_journalist
Fri Jun 14 2024
Effective from 2024-04-05 02:00 (UTC), Binance will no longer support deposits and withdrawals of USDC utilizing the TRC20 protocol.
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CharmedFantasy
Fri Jun 14 2024
This decision follows Circle's recent announcement to discontinue its support for USDC on the Tron (TRC20) network.
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HallyuHeroLegend
Fri Jun 14 2024
Binance remains committed to providing secure and reliable cryptocurrency services to its users. However, in line with Circle's decision, Binance has deemed it necessary to discontinue TRC20 support for USDC.
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CoinMasterMind
Fri Jun 14 2024
Binance, a leading cryptocurrency exchange, has announced an important update regarding USDC deposits and withdrawals via the Tron Network (TRC20).
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Thunderbolt
Fri Jun 14 2024
Users holding USDC on the Tron Network are advised to make necessary arrangements to transfer their funds to other supported networks or wallets before the cessation of support.
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