GoKawiilBinance invests $100 million in Circle, agrees to promote USDC globally
Binance is buying $100 million of Circle shares at $80.84 apiece as part of a five-year partnership to promote USDC on its exchange, with the stock subject to a lockup of up to two years. Circle will pay Binance a monthly incentive fee tied to USDC balances held on the platform, and Circle shares rose more than 1% in premarket trading following the announcement.
The deal gives USDC access to Binance's massive international user base, helping Circle push beyond its U.S.-centric footprint and challenge Tether's dominance in overseas markets. It also aligns Binance's financial incentives with USDC's growth, which matters as Circle tries to diversify into new products like its Arc blockchain and agentic commerce tools that still depend on wide stablecoin adoption.
- Binance will buy $100 million in Circle shares at $80.84, locked up for up to two years.
- Circle pays Binance a monthly fee tied to USDC balances as part of the five-year promotional deal.
- The partnership aims to expand USDC's global reach and support Circle's broader product ambitions.
Source: cnbc.com — Tanaya Macheel, 2026-09-22
Published there as: “Circle lands $100 million from Binance to ramp up global USDC expansion”
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