🚨Breaking! Binance invests $100 million to take equity in Circle, USDC enters a 5-year deep strategic partnership
According to an SEC filing, Binance subscribed to Circle shares worth $100 million at $80.84 per share.
At the same time, a 5-year commercial agreement has been finalized. Based on the existing USDC balance within its wallet infrastructure, Circle will pay Binance a service fee monthly, while Binance will promote USDC on its platform.
$BNB $CRCL
According to an SEC filing, Binance subscribed to Circle shares worth $100 million at $80.84 per share.
At the same time, a 5-year commercial agreement has been finalized. Based on the existing USDC balance within its wallet infrastructure, Circle will pay Binance a service fee monthly, while Binance will promote USDC on its platform.
$BNB $CRCL
