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Justin Sun responded to Circle’s suspension of TRON chain USDC: TRON is a decentralized blockchain protocol

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2024-02-21 18:43:44412browse

Justin Sun responded to Circle’s suspension of TRON chain USDC: TRON is a decentralized blockchain protocol

Circle announced that it will stop issuing USDC on the Tron blockchain in February 2025. The decision appears to be related to recent U.S. legislation regulating stablecoins. Tron, one of the largest trading blockchains for stablecoins, will lose billions of dollars in daily trading volume due to the withdrawal of USDC.

Tron founder Justin Sun responded to this. He said that Tron is a decentralized blockchain protocol similar to Bitcoin and Ethereum. Tron's developer community ensures the normal operation of the network through consensus and decentralized nodes. Justin Sun emphasized that they respect and support each developer’s decision-making and encourage them to develop on Tron. Tron’s vision is to become the largest and most prosperous decentralized finance protocol in the world. He pointed out that a decentralized world requires decentralized currency, so Tron will continue to move forward to realize this vision.

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