According to TechFlow, Circle announced on X that it will stop supporting USDC on the TRON blockchain in stages. From now on, it will no longer mint USDC on TRON.
Circle will support Circle Mint customers to transfer USDC to other blockchains by February 2025. Since Circle only serves corporate and institutional customers, retail users and other non-Circle customers can transfer their USDC on TRON to exchanges or distributors, and then transfer to other blockchains that support USDC.
By February 2025, Circle Mint customers will be able to transfer USDC to other blockchains or redeem USDC on TRON for fiat currency directly through Circle.