Binance Invests $100M in Circle for USDC Push

Binance invested $100 million in Circle and signed a five-year deal to integrate USDC across its platform, giving the stablecoin wider distribution in emerging markets. USDC trading on Binance has already surged, with 329 spot markets and monthly volume above $80 billion. Tether still leads with roughly $140 billion in market cap versus USDC's $74 billion.