Binance will discontinue support for USDC — a prominent dollar-pegged stablecoin — deposits and withdrawals on the Tron blockchain on April 5.

Deposits of TRC20 USDC tokens will no longer be credited to Binance users' accounts after 2:00 a.m UTC on the aforementioned date, the crypto exchange announced in an official blog post.

Because the change is specific only to USDC issued on the Tron blockchain, deposits and withdrawals of the stablecoin on other networks — such as Ethereum — will not be impacted.

USDC trading on Binance will also remain unaffected.

Binance's decision to remove support for TRC20 USDC comes more than one month after the stablecoin's issuer, Circle, announced that it immediately ended USDC minting services on Tron.

“As part of our risk management framework, …