Binance purchases $100 million Circle stake under a five‑year USDC promotion agreement
In a landmark transaction that underscores the growing convergence between traditional finance and the cryptocurrency ecosystem, Binance, the world’s largest digital‑asset exchange by trading volume, has agreed to acquire a $100 million equity position in Circle, the U.S.‑based issuer of the popular stablecoin USDC. The deal, which spans five years, is not merely a straightforward purchase of sha…
Sept. 22, 2026, 11:07 a.m.