Circle is evaluating the expansion of USDC to the XRP Ledger, indicating a potential increase in the stablecoin’s versatility.
The planned withdrawal from the TRON blockchain aligns with Circle’s focus on enhancing security and trust in its digital dollar services.
Following CNF’s report, Circle has declared its intention to phase out support for USDC on the TRON blockchain by February 2025, highlighting a commitment to security and trust in its digital currency services. Concurrently, Circle is considering an extension of USDC to the XRP Ledger (XRPL), signifying an important step towards wider blockchain interoperability and enriched digital currency utility.
A tweet from a community member raised questions about the absence of USDC on XRPL. In response, Circle emphasized the potential benefits of such an expansion for various projects, including Anodos. This communication underlines the importance of exploring new platforms for USDC.
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