Cryptocurrency exchange Binance recently announced that it will be converting 15 tokens into USDT. The conversion will be based on users’ funds in their Binance wallets and will take place at midnight on April 21. Users will have until this time to withdraw any airdropped or delisted tokens, as asset withdrawal will not be available after the specified time. Deposits of these tokens are no longer supported and will not be credited to user accounts.

The tokens affected by this conversion include Moeda Loyalty Points (MDA), Helium (HNT), Mithril (MITH), DFI.Money (YFII), Mirror Protocol (MIR), Venus Reward Token (VRT), TokenClub (TCT), Augur (REP), EasyFi (EZ), Swerve (SWRV), Boba Network (BOBA), Serum (SRM), Raiden Network Token (RDN), Cobak Token (CBK), and OnX Finance (ONX).

Binance will send a separate email to all impacted users once the conversion of the tokens to USDT is complete. This decision comes after Binance stopped supporting USDC deposits and withdrawals on the Tron network. Users will still be able to trade USDC on Binance, even though USDC stablecoins will not be credited to user accounts via the TRC20 network after April 5.

USDC issuer Circle has also announced that they have stopped supporting the Tron network. USDC will continue to operate on Tron until February 2025, but no new stablecoins will be issued on the network. Users will have the option to transfer funds to other blockchains or exchange them for fiat currency. Circle did not provide a reason for discontinuing support for the Tron network.

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