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

Bullish-5.80%

22 Sep, 12:18

Source: Cointelegraph

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Binance acquires a $100M equity stake in Circle while expanding their five-year partnership to promote wider USDC adoption.

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.