Binance takes $100 million Circle stake alongside five-year USDC deal

The five-year arrangement centers on promoting Circle’s USDC on Binance’s platform.

Date
AuthorThe Block Reporting source
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Close-up of gold bitcoin coins on US paper money, representing cryptocurrency investment.
Photo by https://kaboompics.com/ on Pexels

What happened?

Binance expanded its USDC partnership with Circle under a five-year arrangement. The agreement’s stated activity is promoting USDC on the exchange’s platform over the five-year term.

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