Exchanges· ★★★★· bullish·

Binance invests $100M in Circle and signs five-year deal to promote USDC

  • —Binance invested $100 million in Circle equity and signed a five-year USDC promotion deal
  • —USDC-quoted spot markets on Binance grew from 140 to 329 after the first partnership
  • —Monthly USDC trading volume on Binance doubled from $20–40 billion to over $80 billion
  • —USDC market cap is about $74 billion versus roughly $140 billion for USDT
Why it matters: The partnership gives USDC a powerful distribution channel through the largest exchange, intensifying pressure on USDT's dominance in emerging markets.
#USDC#USDT
Source: CoinSpot
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