🚨 Binance bets US$ 100 million on Circle against Tether.
✅️ Binance invests $100 million in Circle and gives a serious boost to USDC. The exchange acquired 1.237 million shares of the stablecoin issuer for $80.84 each, while signing a new five-year commercial agreement. The goal is to further boost USDC on Binance, especially in emerging markets where Tether still holds a considerable advantage with USDT.
✅️ Binance invests $100 million in Circle and gives a serious boost to USDC. The exchange acquired 1.237 million shares of the stablecoin issuer for $80.84 each, while signing a new five-year commercial agreement. The goal is to further boost USDC on Binance, especially in emerging markets where Tether still holds a considerable advantage with USDT.
