(Reuters) – Cryptocurrency alternate Binance stated on Monday it can finish help for deposits and withdrawals by way of the Tron blockchain community for the digital stablecoin, which is pegged to the U.S. greenback.
Final month, Boston-based crypto agency Circle stated it could not mint USDC tokens on Tron, the fast-growing platform extensively used to transform stablecoins.
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Stablecoins are digital tokens which might be designed to keep up a relentless worth and are backed by conventional currencies.
Customers can proceed to commerce USDC on Binance, whereas USDC deposits and withdrawals by way of different supported networks won’t be affected, the cryptocurrency alternate stated in a weblog submit.
