Binance Invests $100M in Circle to Boost USDC Promotion
WHO:
Cointelegraph - Binance and Circle are the two companies involved in the partnership.
WHAT:
Cointelegraph - Circle sold Binance $100 million in stock.
Techmeme - Binance acquired a $100 million stake in Circle.
Techmeme - Both companies signed a five-year deal that pays Binance to promote the USDC stablecoin on its platform.
WHERE:
Cointelegraph - The partnership involves Binance and Circle, which are both significant players in the cryptocurrency market.
WHEN:
Cointelegraph - The partnership is structured as a five-year deal.
WHY:
Techmeme - The deal aims to boost the promotion of the USDC stablecoin.
HOW:
Cointelegraph - The agreement includes monthly incentives for Binance under the expanded partnership.
(UPDATED September 22, 2026 14:01 UTC)
Binance and Circle have entered into a significant partnership, with Binance acquiring a $100 million stake in Circle and both companies signing a five-year deal. This agreement will see Binance promoting the USDC stablecoin on its platform, supported by monthly incentives. The collaboration is designed to enhance the visibility and adoption of the USDC stablecoin in the cryptocurrency market.