What happened?
Circle sold 1.24 million shares at $80.84 each, and Binance will receive a monthly fee tied to USDC held through its wallet infrastructure. The supplied terms combine an equity transfer with a USDC-related fee arrangement.
Binance buys $100 million Circle stake in five-year USDC promotion deal
The disclosed terms pair a share sale priced at $80.84 each with a monthly fee tied to USDC held through wallet infrastructure.
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