Wall St Engine(@wallstengine):BINANCE BUYS $100M STAKE IN CIRCLE, EXPANDS USDC PARTNERSHIP Binance bought roughly 1.24M $CRCL shares at $80.84 each, investing about $100M in the USDC issuer. The two companies also expanded their commercial partnership for five years, with Binance agreeing to promote USDC across its platform. Circle will pay Binance a monthly incentive fee under the agreement. USDC currently has a market cap of roughly $75B. Source: Reuters

Wall St Engine

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Wall St Engine@wallstengine

2026.09.22 12:00

BINANCE BUYS $100M STAKE IN CIRCLE, EXPANDS USDC PARTNERSHIP Binance bought roughly 1.24M $CRCL shares at $80.84 each, investing about $100M in the USDC issuer. The two companies also expanded their commercial partnership for five years, with Binance agreeing to promote USDC across its platform. Circle will pay Binance a monthly incentive fee under the agreement. USDC currently has a market cap of roughly $75B. Source: Reuters