đš BINANCE JUST PUT $100 MILLION BEHIND THE DOLLAR TOKEN IT WANTS TO EXPAND. đ
Binance has invested $100M in Circle â 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. đ
So Binance is now doing something unusual:
đ° Shareholder in Circle
đ Major USDC distribution partner
đ Expanding USDC access globally
And thereâs another detailâŠ
Circle will pay Binance monthly incentives tied to USDC balances held through its wallet infrastructure. îš1îš
USDT still has a much larger established market presence, so this doesnât mean the stablecoin hierarchy changes overnight.
But Binance just gave USDC something extremely valuable:
DISTRIBUTION. đ
$USDC $BNB $CRCL
#Crypto #Stablecoins #Binance
Binance has invested $100M in Circle â 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. đ
So Binance is now doing something unusual:
đ° Shareholder in Circle
đ Major USDC distribution partner
đ Expanding USDC access globally
And thereâs another detailâŠ
Circle will pay Binance monthly incentives tied to USDC balances held through its wallet infrastructure. îš1îš
USDT still has a much larger established market presence, so this doesnât mean the stablecoin hierarchy changes overnight.
But Binance just gave USDC something extremely valuable:
DISTRIBUTION. đ
$USDC $BNB $CRCL
#Crypto #Stablecoins #Binance