"Breaking" ๐จ ๐จ๐จ.
Binance has invested $100M in Circle and renewed their strategic partnership for another five years.
The deal will expand USDC across Binanceโs global platform, with a major focus on emerging markets.
Binance purchased Circle shares through a private placement at a 5% discount to $CRCLโs market price before closing.
Binance will lead USDC distribution and adoption, while Circle will provide the underlying infrastructure.#Binance #BinanceSquare #BinanceInvesting
Binance has invested $100M in Circle and renewed their strategic partnership for another five years.
The deal will expand USDC across Binanceโs global platform, with a major focus on emerging markets.
Binance purchased Circle shares through a private placement at a 5% discount to $CRCLโs market price before closing.
Binance will lead USDC distribution and adoption, while Circle will provide the underlying infrastructure.#Binance #BinanceSquare #BinanceInvesting
