🚨 Binance Acquires $100M Stake in Circle, Signs 5-Year USDC Partnership
Binance purchased 1,237,011 Class A Circle shares at $80.84 each (a 5% discount) through a private placement that closed September 17, 2026. The five-year agreement supersedes prior deals from November 2024 and August 2025, with Circle paying Binance monthly incentive fees based on USDC held through its Modular Smart Contract Wallet infrastructure, while Binance promotes USDC globally, especially in emerging markets. Binance is barred from selling or hedging the shares for up to two years but retains voting rights. This marks the third iteration of the Binance-Circle partnership in under two years, deepening their financial alignment. $4Stock
Binance purchased 1,237,011 Class A Circle shares at $80.84 each (a 5% discount) through a private placement that closed September 17, 2026. The five-year agreement supersedes prior deals from November 2024 and August 2025, with Circle paying Binance monthly incentive fees based on USDC held through its Modular Smart Contract Wallet infrastructure, while Binance promotes USDC globally, especially in emerging markets. Binance is barred from selling or hedging the shares for up to two years but retains voting rights. This marks the third iteration of the Binance-Circle partnership in under two years, deepening their financial alignment. $4Stock
