The world's largest cryptocurrency exchange Binance said at Abu Dhabi Finance Week that it has formed a strategic partnership with stablecoin giant Circle to accelerate the global adoption of its USDC stablecoin.
The partnership will make Circle’s USDC more widely available for trading, saving, and payments to over 240 million customers.
“Binance and Circle announced a strategic partnership to expand adoption of the USDC stablecoin and support the global digital asset and financial services ecosystem.
“Binance will integrate USDC into its products and services, making it more accessible to its 240 million users for trading, saving, and payments, while also adopting USDC for corporate treasury operations.”
Binance CEO Richard Teng said the partnership will bring more USDC trading pairs, trading in USDC, and special promotions on other products. “Through our strategic partnership, our users will have more opportunities to use USDC on our platform. These include more USDC trading pairs, special promotions for USDC on all trading, and other products on Binance.”
#Binance is thrilled to announce a strategic partnership with @Circle to enhance our ecosystem and bring more value to our users.
Stay tuned for more updates! #USDC
Read more here ⤵️ https://t.co/toHpPg6sDC pic.twitter.com/gGild1GmT3
— Binance (@binance) December 11, 2024
*This is not investment advice.
