Circle Internet Financial, the issuer of the USDC stablecoin, said it was immediately halting new mints of USDC on Tron and would halt all support for USDC on Tron by February 2025.
Reuters recently published an update on Tron's growing popularity with Islamic terror groups, to the point that it has eclipsed BTC as the chain of choice for Iranian-backed groups.
U.S. prosecutors call for Changpeng Zhao not to leave the country before his February sentencing date, while Justin Sun appears well aware that he could be next on the legal chopping block.
Justin Sun's Tron blockchain is again being flagged as terror groups' go-to financing option, while Circle is catching some rare political flak for its ties with Tron.
Recent reports allege that Binance had "entered into an agreement to sell the entirety of its Russia business to CommEX," an exchange that launched only the day before.
