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Binance Invests $100 Million in Circle, Extends USDC Partnership

Guavy AI Editorial Team
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BNB USDC
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Binance Holdings Ltd., the world's largest crypto exchange, has invested $100 million in Circle Internet Group Inc. as part of an extended partnership between the two companies.

The five-year agreement will see Circle pay Binance a monthly fee to promote its stablecoin USDC.

This investment marks a significant development for both parties, with Circle benefiting from increased exposure and Binance gaining a share in the lucrative stablecoin market.

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