$CRCL $Binance invests $100 million in Circle and extends USDC partnership for 5 years
Binance has invested $100 million in Circle—the issuer of the USDC stablecoin—and expanded its strategic partnership for a new five-year term. The focus is on promoting USDC worldwide, with an emphasis on emerging markets.
“Stable, reliable digital dollars should not be a privilege — they should be available to anyone who has a phone. That’s the future our partnership is meant to build” — Richard Teng, Co-CEO of Binance#BinanceSquareTalks