Binance acquires $100 million Circle stake as part of five‑year USDC promotion agreement
In a move that underscores the growing convergence between centralized cryptocurrency exchanges and stable‑coin issuers, Binance has finalized a transaction to purchase a $100 million equity position in Circle, the company behind the widely used USDC stablecoin. The deal, structured as a five‑year promotional partnership, is designed to deepen Binance’s involvement in the USDC ecosystem while pro…
Sept. 22, 2026, 11:07 a.m.