🚨 BINANCE JUST PUT $100 MILLION BEHIND THE DOLLAR TOKEN IT WANTS TO EXPAND. 👀
Binance has invested $100M in Circle — the company behind USDC.
But the money is only half the story.
The bigger move is a new 5-year agreement to promote and integrate USDC across Binance, with a major focus on emerging markets. 🌍
So Binance is now doing something unusual:
💰 Shareholder in Circle
📈 Major USDC distribution partner
🌎 Expanding USDC access globally
And there’s another detail…
Circle will pay Binance monthly incentives tied to USDC balances held through its wallet infrastructure. 1
USDT still has a much larger established market presence, so this doesn’t mean the stablecoin hierarchy changes overnight.
But Binance just gave USDC something extremely valuable:
DISTRIBUTION. 👀
$USDC $BNB $CRCL
#Crypto #Stablecoins #Binance
Binance has invested $100M in Circle — the company behind USDC.
But the money is only half the story.
The bigger move is a new 5-year agreement to promote and integrate USDC across Binance, with a major focus on emerging markets. 🌍
So Binance is now doing something unusual:
💰 Shareholder in Circle
📈 Major USDC distribution partner
🌎 Expanding USDC access globally
And there’s another detail…
Circle will pay Binance monthly incentives tied to USDC balances held through its wallet infrastructure. 1
USDT still has a much larger established market presence, so this doesn’t mean the stablecoin hierarchy changes overnight.
But Binance just gave USDC something extremely valuable:
DISTRIBUTION. 👀
$USDC $BNB $CRCL
#Crypto #Stablecoins #Binance