CryptoFortuneabout 2 hours ago
Binance Invests $100M in Circle, Expands USDC Pact
3 min read
Binance invested $100 million in Circle, buying ordinary shares at a 5% discount with a two-year lockup, as part of a five-year deal to expand USDC adoption in developing markets. The move deepens ties between former rivals after Binance dropped USDC in 2022 and its BUSD was wound down in 2023.
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