Binance puts $100 million into Circle in USDC expansion push: WSJ

Binance Commits $100M Stake in Circle With New USDC Pact

Circle sells Binance $100M in discounted CRCL shares as the pair expand their USDC deal.

Bankless•William Peaster

Binance invests $100 million in one-time rival Circle and expands its USDC partnership

The investment marks a sharp turn for Binance, which once removed USDC trading from its exchange in favor of its own stablecoin.

Fortune•Camila Grigera Naón

Binance Takes $100 Million Circle Stake And Renews The USDC Deal Circle Pays For

Circle sold Binance 1,237,011 shares at $80.84, a five percent discount to the Sept. 17 close, and agreed to keep paying the exchange a monthly fee tied to USDC balances, an SEC filing shows.

The Defiant•The Defiant Team

Binance Makes $100M Bet on Circle and Signs Five-Year USDC Deal

Binance has invested $100 million in Circle, acquiring 1.24 million shares, while renewing a five-year partnership to expand USDC adoption across global markets.

CryptoPotato•Jose Oramas

Circle lands $100 million from Binance to ramp up global USDC expansion

Binance will invest $100 million in stablecoin issuer Circle and agreed to promote the stablecoin issuer's flagship USDC on its platform.

CNBC

Binance takes $100 million Circle stake alongside five-year USDC deal

The exchange also expanded its USDC partnership with Circle, agreeing to promote USDC on its platform under a five-year arrangement.

The Block•Brian Danga

Binance takes $100M stake in Circle under expanded USDC deal

Circle sold Binance $100 million in stock and agreed to pay monthly incentives under an expanded five-year partnership promoting USDC.

Cointelegraph•Cointelegraph by Yohan Yun

Binance takes $100 million stake in Circle with five year USDC agreement

Binance has invested $100 million in Circle Internet Group while entering a new five year commercial agreement that will pay the crypto exchange to promote USDC across its platform. According to a securities filing cited in reports published Tuesday, Circle…

Crypto.news•Rony Roy

Binance Takes $100M Stake in Circle Under Five-Year USDC Promotion Deal

The two sides closed an equity placement and a five-year commercial deal on the same day, with money moving in both directions.

Decrypt•Decrypt Agent

Binance buys $100 million Circle stake in five-year USDC promotion deal

CoinDesk•Omkar Godbole

Binance puts $100 million into Circle in USDC expansion push: WSJ

The potential deepening of Binance-Circle ties could reshape stablecoin market dynamics, intensifying competition with Tether's USDT.

CryptoBriefing•Editorial Team