Binance Takes $100 Million Circle Stake And Renews The USDC Deal Circle Pays For

Circle sold Binance 1,237,011 shares at $80.84, a five percent discount to the Sept. 17 close, and agreed to keep paying the exchange a monthly fee tied to USDC balances, according to an SEC filing. The $100 million stake and renewed USDC deal deepen ties between the stablecoin issuer and the exchange.