Binance Invests $100M in Circle to Expand USDC Access

Binance has invested $100 million in Circle , the issuer of the USDC stablecoin, as the two companies expand their partnership to increase access to digital dollars across emerging markets. The companies have signed a new five-year commercial agreement focused on expanding USDC access, integration and usage on Binance’s platform. Under the agreement, Binance will promote USDC and expand its integration across its platform, with a particular focus on emerging markets.