Binance Invests $100M in Circle for USDC Expansion
Binance has invested $100 million in Circle, expanding their five-year partnership to promote USD Coin (USDC) across its global platform.
The investment will enable Binance to promote USDC, a cryptocurrency stablecoin issued by Circle Internet Group, particularly in emerging markets.
Circle will provide the infrastructure services that support holding and using USDC.
Binance has more than 300 million users across over 100 countries.