Many people say that when hype is listed on Binance spot, it will drop—but you’ve got the logic completely wrong.

A few days ago, Binance invested several hundred million into Circle, which is essentially taking an equity stake. Hype will be bought back by Circle soon. After that, there will be monthly buybacks, because USDC earns an enormous amount of fees.

So Binance is essentially taking an equity stake in hype via the buyback. Crypto has never had the idea of “enemies forever.” It’s always about mutual success!