Binance Makes $100M Bet on Circle and Signs Five-Year USDC Deal

• Binance invested $100 million in Circle Internet Group, acquiring 1,237,011 Class A shares at $80.84 each, under a five-year agreement to promote USDC.
• The agreement prohibits Binance from selling or transferring the shares for up to two years and supersedes previous contracts from 2024 and 2025.
• Both companies aim to expand USDC access in emerging markets, with Binance recognizing Circle as a credible issuer and a key partner in reshaping cross-border value transfer.

https://cryptopotato.com/binance-makes-100m-bet-on-circle-and-signs-five-year-usdc-deal/