CandleFocus

Binance and Circle Forge Partnership to Enhance USDC Adoption and Liquidity in Global Markets

Cryptocurrency exchange Binance has partnered with Circle to enhance the availability of the USD Coin (USDC) on its platform. The collaboration aims to promote the adoption of stablecoins and improve financial services globally. Binance plans to make USDC more accessible by adding additional trading pairs and special promotions. By integrating USDC into its corporate treasury, Binance aims to improve operational efficiency. Circle will provide the necessary technology and liquidity to support Binance's market presence. The partnership aligns with the growing recognition of stablecoins as important components in the financial landscape. Circle also announced its incorporation in the Abu Dhabi Global Market and a partnership with LuLu Financial Holdings to leverage USDC for remittances and cross-border payments.

Related News