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Binance and Circle partner on USDC stablecoin to incorporate products Binance and Circle have entered into a strategic partnership around USDC, with a goal of incorporating the stablecoin into products that can be used locally. Circle chief executive Jeremy Allaire made the announcement on stage along with Binance chief Richard Teng at ADGM's Abu Dhabi Finance Week on Wednesday. The deal is expected to expand adoption of the digital asset across broader financial services and the greater ecosystem. “This is going to change the way money moves in the whole world," said Mr Allaire, adding that the world is still in the very early days of stablecoin mainstream use. Aiding in that endeavour, Binance plans to make the USDC more available across its suite of products, which includes payments along with trading and saving, that reaches more than 240 million global users, according to the crypto platform. Circle will additionally work with Binance to develop key relationships across the global finance and regulatory landscape, in addition to providing technology and liquidity tools. #Binance #circle #BitcoinConference #BTCUSDT #CryptoNews
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Binance and Circle partner on USDC stablecoin to incorporate products
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Eric Trump vows Bitcoin will hit $1m and says Donald Trump will 'fight like hell' to protect it
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El Salvador Discovers $3 Trillion Gold — Will It All Go Into Bitcoin? El Salvador’s potential $3 trillion gold discovery has sparked debates over mining bans, sustainability, and the possibility of increased bitcoin investments, potentially reshaping the nation’s future. El Salvador’s $3T Gold Discovery Sparks Calls to Monetize Gold for Bitcoin Salvadoran President Nayib Bukele has highlighted the potential of El Salvador’s untapped gold reserves, estimating their value to reach over $3 trillion if fully explored. Posting on social media platform X last week, Bukele underscored how responsible mining could revolutionize the nation’s economy. He envisions the proceeds funding critical projects, including job creation, infrastructure improvements, and overall economic advancement. Bukele has proposed repealing the country’s 2017 ban on metallic mining, describing the restriction as a barrier to leveraging the country’s vast natural wealth. The Salvadoran president referenced studies suggesting that only 4% of the nation’s mining areas have been explored, uncovering an estimated 50 million ounces of gold valued at $131 billion—approximately 380% of El Salvador’s GDP. He believes full exploration could elevate the reserves’ value to over $3 trillion, or 8,800% of GDP. He said:We’ve also found gallium, tantalum, tin, and many other materials needed for the 4th and 5th industrial revolution. He attributed the country’s mineral abundance to its location within the Pacific Ring of Fire, known for volcanic activity and rich deposits. While proponents laud the discovery as transformative, critics warn of potential environmental degradation. Bukele highlighted the potential for sustainable mining to balance economic benefits with environmental protection, but some question whether El Salvador actually possesses such significant gold reserves. #ElSalvadorBitcoin #GOLD #Bitcoin #cryptomarket #CryptoNews
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El Salvador Discovers $3 Trillion Gold — Will It All Go Into Bitcoin?
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