Binance Acquires $100 Million Circle Stake as Part of a Five‑Year USDC Promotion Agreement
In a strategic move that underscores the growing convergence between centralized exchanges and stable‑coin issuers, Binance has agreed to purchase a $100 million equity stake in Circle, the company behind the widely used USDC stablecoin. The transaction, which will be executed over a five‑year period, is more than a simple capital infusion; it is part of a broader partnership designed to promote …
Sept. 22, 2026, 11:07 a.m.