Binance phases out Tron USDC amidst regulatory backlash
In response to escalating regulatory pressures and an impending blockade by the Philippines Securities and Exchange Commission (SEC), Binance, a prominent cryptocurrency exchange, has announced the cessation of support for Tron network-based USD Coin (USDC) stablecoins. This strategic move comes on the heels of Circle’s withdrawal from the Tron blockchain, as regulatory scrutiny intensifies across…