(Reuters) – Cryptocurrency trade Binance mentioned on Monday it would finish assist for deposits and withdrawals of its U.S. dollar-pegged digital stablecoin through the Tron blockchain community.

Final month, Boston-based cryptocurrency firm Circle introduced it could now not mint USDC tokens on Tron, a fast-growing platform extensively used for stablecoin transfers.

Stablecoins are digital tokens designed to keep up a relentless worth and are backed by conventional currencies.

Customers can proceed buying and selling USDC on Binance, however USDC deposits and withdrawals through different supported networks should not affected, the cryptocurrency trade mentioned in a weblog publish.