Why did Binance suspend USDC?

Why did Binance suspend USDC? This move certainly piques the interest of many in the cryptocurrency community. Could it be due to the recent market fluctuations, affecting the stability of USDC? Or is it a response to regulatory pressures, as the industry faces increasing scrutiny? It's also worth noting that Binance has made several similar decisions in the past, often in response to changing market conditions or regulatory guidance. Could this be another instance of the exchange adapting to its environment? Moreover, with Binance's recent legal troubles, could the suspension of USDC be related to compliance issues or risk management? Understanding the reasons behind such decisions is crucial for investors and market participants alike. Certainly, Binance's announcement leaves many questions unanswered. It will be interesting to see how the exchange responds to these inquiries and what impact this suspension has on the broader cryptocurrency market.