Infrastructure
Binance buys $100 million Circle stake in five-year USDC promotion deal
CoinDesk·September 22, 2026·1 min read
Circle sold 1.24 million shares to Binance at $80.84 each, a $100 million stake, as part of a five-year USDC promotion deal. Binance will receive a monthly fee tied to USDC held through its wallet infrastructure, deepening ties between the two firms and boosting USDC's distribution.
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