๐ฅ BINANCE JUST INVESTED $100M IN CIRCLE
Binance has invested $100 million in Circle, the company behind USDC, as part of an expanded partnership aimed at increasing USDC adoption globally.
Binance plans to integrate USDC deeper into its existing and future products, including savings and investment offerings, while introducing incentives around USDC trading pairs.
The deal is notable because USDC already has roughly $75 billion in circulation, making it the worldโs second largest stablecoin.
$100M from the worldโs largest crypto exchange into the company behind one of cryptoโs biggest dollar assets. Stablecoin adoption is clearly becoming a major battleground.
Binance has invested $100 million in Circle, the company behind USDC, as part of an expanded partnership aimed at increasing USDC adoption globally.
Binance plans to integrate USDC deeper into its existing and future products, including savings and investment offerings, while introducing incentives around USDC trading pairs.
The deal is notable because USDC already has roughly $75 billion in circulation, making it the worldโs second largest stablecoin.
$100M from the worldโs largest crypto exchange into the company behind one of cryptoโs biggest dollar assets. Stablecoin adoption is clearly becoming a major battleground.
