BINANCE INVESTS $100M IN CIRCLE, BACKS USDC

INDUSTRY DESK■ 1 MIN READ

TUE, SEP 22, 2026

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Binance has acquired a $100 million stake in stablecoin issuer Circle and signed a five-year agreement to promote USDC on its platform. The deal represents a significant partnership between the world's largest crypto exchange and a major stablecoin provider.

Under the agreement, Binance will receive payments for promoting USDC across its trading platform over the next five years. The investment gives Binance a financial stake in Circle's success while strengthening the stablecoin's market presence. USTC is one of the leading dollar-backed stablecoins, competing with Tether's USDT for dominance in the crypto ecosystem. Binance's endorsement could boost adoption, particularly among traders on its platform. The partnership comes as major exchanges increasingly align with specific stablecoin providers. This move signals Binance's confidence in Circle and USDC's long-term viability in the volatile crypto market. Circle has been expanding its institutional reach and regulatory compliance efforts. The Binance partnership provides capital and distribution leverage to accelerate growth.

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► Techmeme

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BINANCE INVESTS $100M IN CIRCLE, BACKS USDC

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