USDC on TRON Now Supported for Trading on Binance Exchange -Breaking
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USDC on TRON Supported Now for Trading on Binance ExchangeCircle, a global internet finance firm that provides internet-based payments and financial infrastructure to businesses of all sizes, and the principal operator of (USDC), today announced the listing of native USDC on TRON (TRC20 token) on Binance – the world’s leading cryptocurrency exchange platform.
You can trade and deposit native USDC (TRC20) via Binance. Additionally, you can withdraw USDC to TRON-supported external wallets. The availability of USDC on TRON on Binance builds upon USDC’s global accessibility, providing a seamless experience for millions of users to access the world’s fastest-growing dollar digital currency.
USDC can be redeemed 1:1 against U.S. Dollars because it is fully supported by U.S. Treasuries and cash. Grant Thorton is a global accounting firm that publishes monthly reports on USDC reserves balances.
We are excited that USDC is now available on an increasing number exchanges. This will make it much easier to have access to digital dollar liquidity.
Gee Chuang is the Circle Principal Product Manager. “As the TRON ecosystem continues to grow, we believe that USDC will become an even more important part of transferring value simply and efficiently on-chain.”
With more than $42B USDC in circulation as of December 2021, USDC offers frictionless, secure and interoperable access to capital markets, global trade, payments and modern commerce – all at the speed of the internet. USDC is a Tron-based protocol that allows users to exchange, store, and transact with value through decentralized apps and protocols (dApps) based on TRON.
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