Circle ceases USDC support on TRON blockchain as part of risk management strategy
Circle announced that it will phase out support for USDC on TRON and has immediately ended USDC minting services on the blockchain.
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Circle announced that it will phase out support for USDC on TRON and has immediately ended USDC minting services on the blockchain.
The U.S.-based stablecoin issuer said it would discontinue minting USDC on the Tron network “to ensure that USDC remains trusted.”
Major U.S. crypto firm Circle will end support for its USDC token on the Tron blockchain network, a decision the company said on Wednesday "aligned with its efforts to ensure that USDC remained trusted, transparent and safe".
An address suspected to be associated with Justin Sun, the founder of TRON, has reportedly acquired $160.7 million in Ethereum (ETH). This move has sparked speculation and interest within the crypto community, potentially indicating a bullish outlook for Ethereum.
Tron Founder Justin Sun has made waves in the cryptocurrency market with a significant $500 million transfer. The transaction, originating from JustLend, a platform Sun supports, has raised questions as it swiftly moved to HTX, a platform where Sun holds a prominent advisory position.
In a strategic move that could reshape the landscape of cryptocurrency, Tron's visionary founder, Justin Sun, has unveiled an audacious plan to revolutionize the Bitcoin ecosystem. Through the integration of Bitcoin Layer two solutions, Tron aims to enhance interoperability, decentralization, and utility across both networks, marking a pivotal moment in the evolution of blockchain technology.
Tron has set a new TVL record as it also saw the highest number of daily users, while BNB Chain maintained the status quo.
Justin Sun, the creator of Tron, has unveiled his plans for a novel layer 2 solution based on Bitcoin, adding another fascinating layer to the cryptocurrency narrative.
Tron is embarking on an ambitious journey to transform the Bitcoin ecosystem, as announced by its founder, Justin Sun. Through the integration of Bitcoin Layer two solutions, Tron seeks to decentralize and interconnect a variety of token types, including major stablecoins, with the Bitcoin network.
Tron Price Prediction: TRX, the native asset of the TRON network, has witnessed consistent gain in February so far. From the monthly low of $0.111, the coin value surged 18% to reach the $0.13 mark.
Among Tron TRX addresses, a 99% profitability rate was achieved, which makes it an outstanding achievement in the ongoing cryptocurrency market rally. This accomplishment makes Tron a top beneficiary of the broader market's rise, with its price significantly increasing.
In an innovative leap towards enhancing the Bitcoin ecosystem's scalability, speed, and security, Justin Sun, the pioneering founder of TRON, has introduced an ambitious Bitcoin Layer 2 roadmap.
Bitcoin Dogs (0DOG) is taking over the presale market two days into its historic ICO launch on Bitcoin. Elsewhere, TRON (TRX) is trading at a two-year high as bulls ponder the next move amid Bitcoin's explosive surge to $52k.
Blockchain luminary Justin Sun has unveiled a game-changing solution aimed at enhancing cross-chain interoperability within the cryptocurrency sphere.
TRON's Bitcoin Layer 2 solution ultimately seeks to ensure interoperability across blockchains, while increasing speed and boosting security.
The price of TRON (TRX) has repeatedly risen above the moving average lines in recent months. TRX price analysis by Coinidol.com.
Tron has recently demonstrated significant market strength with a 15% rally. This surge comes amid news that Tron has become the preeminent blockchain for USDT transfers, highlighting its increasing utility and importance within the cryptocurrency ecosystem.
Justin Sun unveils TRON's ambitious roadmap and a plan to launch a Bitcoin Layer 2 solution.
Tron blockchain founder Justin Sun has unveiled plans for a Bitcoin-based layer-2 solution. In a Feb. 15 post on the social media platform X (formerly Twitter), Sun revealed his intent to foster decentralization and seamless integration of diverse token formats within the TRON network and the broader Bitcoin ecosystem.
Tron's development plan for the Bitcoin layer 2 solution focuses on enhancing the interoperability between the Tron network and Bitcoin.
Tron unveils Bitcoin Layer 2 solution, enhancing blockchain interoperability. Token burn signals TRON's commitment to sustainable token economics.
TRON plans to bridge over $55 billion in value to Bitcoin, showcasing its dedication to advancing blockchain technology and promoting collaboration within the cryptocurrency space.
TL;DR TRON announces a layer 2 solution for Bitcoin, promising to improve Bitcoin's accessibility and facilitate the integration of a wide range of tokens. The initiative reflects its commitment to innovation and continuous improvement of blockchain capabilities, seeking to decentralize and connect different types of tokens with the Bitcoin network.
Tron users will be able to participate in re-staking initiatives in major Bitcoin L2 networks.