Stablecoin distribution just got a five-year lock-in. 🤝

Binance bought $100M of Circle shares and signed a new five-year agreement to promote USDC across its platform, with a focus on emerging markets.

Under the deal, Circle pays Binance a monthly incentive fee tied to USDC balances, while Circle provides the infrastructure for holding and using USDC. It replaces earlier arrangements from November 2024 and August 2025.

Issuing a stablecoin is one thing. Getting it into users’ hands is another, and that is where the competition is moving.

Source: https://www.circle.com/pressroom/binance-invests-100-million-in-circle-expands-strategic-partnership-and-renews-commercial-agreement-for-five-years