USDC on TRON is now supported for buying and selling on Binance Change – IBS Intelligence

Advertisements

USDC on TRON is now supported for trading on Binance Exchange

By Edlyn Cardoza

January 04, 2022

  • Binance exchange
  • circle
  • Dapps

Circle, a global internet finance company providing internet-based payments and financial infrastructure to companies of all sizes, and the primary operator of USD Coin (USDC), recently announced the listing of the USD native coin on TRON (TRC20 tokens) on Binance – the world’s leading platform for the exchange of cryptocurrencies.

Users can now deposit and trade native USDC on TRON (TRC20) on the Binance exchange and easily withdraw USD coins on TRON to external TRON-supported wallets. The availability of USD coins on TRON on Binance builds on the global accessibility of USDC, providing a seamless experience for millions of users to access the world’s fastest growing digital dollar currency.

USD-Coin is fully backed by cash and US Treasuries with short maturities, which ensures that USDC can always be redeemed 1: 1 for US dollars. Grant Thorton, a leading global accounting firm, publishes monthly confirmation reports on the reserves of USD coins.

“We’re excited to see USDC available on more exchanges, making access to digital dollar currency liquidity easier than ever,” said Gee Chuang, Principal Product Manager at Circle. “As the TRON ecosystem continues to grow, we believe that USDC will become an even more important part of easy and efficient value transfer in the chain.”

With more than $ 42 billion in circulation as of December 2021, USD Coin offers smooth, secure and interoperable access to capital markets, global trade, payments and modern commerce – all at the speed of the internet. USDC on Tron enables users to enter, save and exchange values ​​across TRON-based protocols and decentralized apps (dApps).


Previous article

Judopay partners with Mastercard to revolutionize mobile buying

Continue reading

Next article

ZEN.COM Wallet introduces the transfer of digital assets between wallets and exchanges

Continue reading

IBSi Prime News

January 04, 2022

Binance exchange

How InsurTech will shape the future of the insurance market

Continue reading

  • Daily insightful news analysis
  • Weekly snapshots of industry deals, events & insights
  • Sectoral deep dives on the hottest FinTech trends
  • Exclusive interviews with C-level executives who shape the industry
  • Profiles of the most influential established and emerging companies in the industry
  • Weekly Global FinTech Use Cases
  • Chart of the week, curated by the IBSi research team

Subscribe to Prime

IBSi FinTech Journal

  • The most trustworthy FinTech journal since 1991
  • Digital monthly edition
  • 60+ pages with research, analyzes, interviews, opinions and rankings
  • Global coverage

Subscribe now


Share post on

Sonic BTC is reader-supported. When you buy through links on our site, we may earn an affiliate commission.

Binance holds essentially the most quantity of Bitcoin on exchanges after roles have reversed with Coinbase – CryptoSlate Binance

Binance holds essentially the most quantity of Bitcoin on exchanges after roles have reversed with Coinbase – CryptoSlate

Exchange balance refers to the amount of Bitcoin sitting on exchanges, and it was...

By wpadminsonic164
Binance Govt Says Retail Buyers Flocking to Bitcoin (BTC) and Crypto Amid Rampant Inflation: Report – The Every day Hodl Binance

Binance Govt Says Retail Buyers Flocking to Bitcoin (BTC) and Crypto Amid Rampant Inflation: Report – The Every day Hodl

A top executive of the world's largest crypto exchange platform by trading volume is...

By wpadminsonic164
Binance Turns into Fundamental Sponsor of Argentinian Soccer Affiliation – Bitcoin Information – Bitcoin Information Binance

Binance Turns into Fundamental Sponsor of Argentinian Soccer Affiliation – Bitcoin Information – Bitcoin Information

Cryptocurrency exchange Binance has signed a partnership agreement with the Argentinian Soccer Association (AFA),...

By wpadminsonic164
Binance CEO Says Alternate Recovered $450 Million From the Curve Finance Assault – Bitcoin Information – Bitcoin Information Binance

Binance CEO Says Alternate Recovered $450 Million From the Curve Finance Assault – Bitcoin Information – Bitcoin Information

Following the recent Curve Finance attack, Binance CEO Changpeng Zhao announced that the exchange...

By wpadminsonic164
Binance USD (BUSD) If 0%, Underperforms the Crypto Market Saturday – InvestorsObserver Binance

Binance USD (BUSD) If 0%, Underperforms the Crypto Market Saturday – InvestorsObserver

Binance USD (BUSD) has been relatively less volatile compared to the crypto market. So...

By wpadminsonic164
After WazirX, ED freezes Rs 370 crore in financial institution accounts of one other crypto alternate – Occasions Now Binance

After WazirX, ED freezes Rs 370 crore in financial institution accounts of one other crypto alternate – Occasions Now

After WazirX, ED freezes Rs 370 crore in bank accounts of another crypto exchange...

By wpadminsonic164
Binance

Crypto Value Evaluation August-12: Ethereum, Binance Coin, Cardano, Solana, and Avalanche – CryptoPotato

This week, we take a closer look at Ethereum, Binance Coin, Cardano, Solana, and...

By wpadminsonic164
Ought to You Promote Binance USD (BUSD) Friday?  – Buyers Observer Binance

Ought to You Promote Binance USD (BUSD) Friday? – Buyers Observer

Binance USD receives a low risk rating from InvestorsObserver analysis. The proprietary scoring system...

By wpadminsonic164

Latest Posts

#Bitcoin Subsequent Transfer ?? #Pi Cycle Backside Bitcoin | Crypto Information In the present day Hindi Videos

#Bitcoin Subsequent Transfer ?? #Pi Cycle Backside Bitcoin | Crypto Information In the present day Hindi

Best Stock Trading platform in INDIA https://zerodha.com/?c=PQ9127&s=CONSOLE ...

By wpadminsonic164
Binance holds essentially the most quantity of Bitcoin on exchanges after roles have reversed with Coinbase – CryptoSlate Binance

Binance holds essentially the most quantity of Bitcoin on exchanges after roles have reversed with Coinbase – CryptoSlate

Exchange balance refers to the amount of Bitcoin sitting on exchanges, and it was...

By wpadminsonic164
These 3 Will Make You Wealthy After the Bear Market: Zompot Token, Cardano, and TRON – Cardano Feed Cardano

These 3 Will Make You Wealthy After the Bear Market: Zompot Token, Cardano, and TRON – Cardano Feed

The cryptocurrency market is in shambles. The top 20 cryptocurrencies have been down by...

By wpadminsonic164
Bitcoin drops as China intensifies crypto mining crackdown Videos

Bitcoin drops as China intensifies crypto mining crackdown

Trader Brian Kelly on what will happen to bitcoin after China's mining crackdown. With...

By wpadminsonic164
January Jones reveals off her curves in polka dot bikini – wow – HELLO! Polkadot

January Jones reveals off her curves in polka dot bikini – wow – HELLO!

August 14, 2022 - 11:11 AM BST Georgia Brown Mad Men actress January Jones...

By wpadminsonic164
Carlsen and Firouzja set for FTX Crypto Cup conflict in Miami – ChessBase Stellar

Carlsen and Firouzja set for FTX Crypto Cup conflict in Miami – ChessBase

Summer of chess Press release by the Play Magnus Group The hottest esports chess...

By wpadminsonic164
Binance Govt Says Retail Buyers Flocking to Bitcoin (BTC) and Crypto Amid Rampant Inflation: Report – The Every day Hodl Binance

Binance Govt Says Retail Buyers Flocking to Bitcoin (BTC) and Crypto Amid Rampant Inflation: Report – The Every day Hodl

A top executive of the world's largest crypto exchange platform by trading volume is...

By wpadminsonic164
Can Metamortals Outpace Dogecoin And ApeCoin When It Hits The Market?  – The Coin Republic Dogecoin

Can Metamortals Outpace Dogecoin And ApeCoin When It Hits The Market? – The Coin Republic

As a new coin in the crypto world, it's never easy to make a...

By wpadminsonic164