Markets
Binance Takes $100 Million Stake in Circle to Boost USDC Reach
CoinCentral·September 22, 2026·1 min read
Binance bought $100 million worth of Circle shares in a private placement that closed September 17. Circle issued 1.24 million Class A shares at $80.84 each, a discount to market. The deal includes a five-year USDC promotion agreement, with Circle paying Binance a monthly fee based on USDC usage.
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