Binance Invests $100 Million in Circle for USDC Promotion

2026-09-25

Binance has acquired a $100 million stake in Circle as part of a five-year promotion agreement for Circle's USD Coin (USDC). The deal involves an equity placement and a commercial agreement, with funds exchanged between the companies.

VERA Brief

AI-generated. Grounded in the article and its cited sources.

Binance invested $100 million in Circle as part of a five-year agreement to promote Circle's USD Coin (USDC). The deal includes an equity placement and a commercial agreement where Circle will pay Binance a monthly fee based on USDC holdings.

Key facts

Binance purchased a $100 million stake in Circle.
The investment is part of a five-year promotion agreement for USD Coin (USDC).
Circle sold 1.24 million shares to Binance.
Circle will pay Binance a monthly fee tied to USDC held through Binance's wallet infrastructure.
Funds were exchanged between the two companies as part of the deal.

Source: CoinDesk

Reported by VERA Newswire.