Circle and Binance have joined forces in a strategic partnership aimed at expanding and enhancing the use of the USDC stablecoin, promoting wider cryptocurrency usage globally.
Strategic Partnership
Announced during Abu Dhabi Finance Week, the partnership between Binance and USDC operator promises significant growth in stablecoin and overall cryptocurrency usage.
Integrating USDC into Binance's System
Binance plans to integrate USDC across its platform, allowing over 240 million users worldwide to leverage it for various financial activities. 'I’m also excited to share that Binance will adopt USDC as a vital dollar stablecoin for their corporate treasury' – said Circle Co-founder & CEO Jeremy Allaire.
Development and Innovation
The companies aim to jointly develop new products and partnerships to promote the use of stablecoins. Circle will provide advanced technology and liquidity solutions to Binance, enhancing the platform and offering users innovations.
This strategic partnership between Circle and Binance sets new grounds for stablecoin usage worldwide, enhancing trust in their stability and reliability. Binance receives a strong boost for its growth and user base expansion.
