Justin Sun Responds to Circle’s Decision to Cease TRON USDC Issuance

Circle announced on February 21 that it will stop issuing USDC on the Tron blockchain in February 2025. This announcement appears to be in response to the stablecoin regulatory legislation in the United States this year. As Tron is the largest trading blockchain for stablecoins, the exit of USDC will result in the loss of billions of dollars in daily trading volume.

Circle will gradually phase out USDC on TRON and will no longer support minting after February 2025.

In response to this, Tron founder Justin Sun said, “Tron is a decentralized blockchain protocol similar to Bitcoin and Ethereum. Tron’s developer community maintains the normal operation of the network through consensus and decentralized node consensus. We respect and support the development decisions of every developer and encourage them to develop on Tron. Ultimately, Tron’s vision is to become the world’s largest and most prosperous decentralized financial protocol. A decentralized world needs decentralized currency, and we will continue to move forward. Let’s go!”

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Justin Sun