Economy
Binance Invests $100 Million in Circle, Extends USDC Partnership

Binance Invests $100 Million in Circle, Extends USDC Partnership

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THE BRIEF
1

Binance has invested $100 million in Circle Internet Group and signed a five-year commercial agreement to expand the use of USDC, the second-largest stablecoin.

2

The partnership aims to increase USDC's adoption across payments, institutional finance, and other financial applications globally.

3

Circle recently received approval for Circle National Trust, a national trust bank focused on digital-asset custody.