Why did Circle end support for USDC on the Tron blockchain?

Adekunle Joshua

Circle has announced that it will immediately stop minting USDC on Tron

The decision to stop minting USDC on Tron was made due to Circle’s risk management framework

This news came as a shock because Tron is the second-largest blockchain, and Circle was expanding its reach to newer blockchains

Following this decision, Circle might lose popularity due to its choice to move away from a popular blockchain