USDC Withdrawals issue on the Tron Network

Incident Report for Kraken

Resolved

Please address the following Support Article for more information about the deprecation of USDC on the Tron network: https://support.kraken.com/hc/en-us/articles/notice-of-deprecation-for-usdc-on-the-tron-blockchain

Posted Mar 20, 2024 - 08:17 UTC

Update

Due to lack of USDC liquidity on the Tron network, withdrawals are currently unavailable. Withdrawals of USDC are still available on all other supported networks including Ethereum & Solana.

Deposits for USDC on Tron are not impacted and can still be made successfully. All other Withdrawal networks are operating normally. We will provide an update when possible.

Notice of Circle discontinuing USDC support on TRON: https://www.circle.com/blog/circle-is-discontinuing-support-for-usdc-on-the-tron-blockchain

Posted Mar 13, 2024 - 16:58 UTC

Identified

The issue has been identified and a fix is being implemented.

Posted Mar 13, 2024 - 07:31 UTC

Investigating

We’re investigating an issue with USDC Withdrawals on the Tron network.
All other Withdrawal networks are operating normally.
We are working diligently to resolve the issue with Circle and will be updating the status message.

Posted Mar 12, 2024 - 15:58 UTC