New five-year agreement focuses on promotion of USDC globally
JOHANNESBURG, South Africa, September, 2026/ — Binance
(www.Binance.com [7]) today announced a $100 million equity investment
in Circle Internet Group, Inc. (NYSE: CRCL) and the expansion and
renewal of its strategic partnership to promote USDC across Binance’s
global platform. The new arrangement has a term of five years.
Under the expanded partnership, Binance will promote USDC across its
global platform, especially in emerging markets. Circle will provide the
infrastructure services that support holding and using USDC.
In connection with the partnership, Binance purchased $100 million worth
of shares of Circle Class A common stock, through a private placement at
a purchase price reflecting a five percent discount to the market price
of CRCL prior to closing.
“Circle has earned its place as one of the most credible issuers in
the world spanning USDC, Arc and the infrastructure reshaping how value
moves across borders. Our $100 million investment and five-year
commitment represent long-duration conviction,” said Richard Teng,
co-CEO of Binance. “We are helping to build a more inclusive,
transparent, and compliant digital economy. A stable, trusted digital
dollar should not be a privilege–it should be available to anyone with
a phone. That’s the future this partnership is designed to deliver.”
“Binance has built one of the largest and most dynamic platforms in
the world for using digital currency, creating the internet’s largest
financial super app, and becoming the most widely used wallets in the
world for dollar stablecoins,” said Jeremy Allaire, Co-founder,
Chairman and CEO of Circle. “Together, we see incredible
opportunities to leverage USDC to expand dollar access, support savings
and investment with innovative digital asset products, and reach people
and businesses throughout global emerging markets.”
