Binance and Circle enter strategic partnership to expand USDC adoption

BlockBeats reported that on December 11, Binance announced a strategic partnership with Circle Internet Group Inc., the issuer of the USDC stablecoin. The partnership aims to expand the adoption of USDC and support the development of the global digital asset and broader financial services ecosystem.

Circle will provide Binance with the necessary technology, liquidity and other tools to ensure that users benefit from the trust and innovation that Circle has established for USDC. As mainstream companies around the world seek to benefit from crypto infrastructure and stablecoins to achieve an increasingly wide range of use cases, Circle will also work with Binance to establish key relationships in the global financial and business sectors.