–Crypto industry giants Circle Internet Group Inc. and Binance have joined forces in a new strategic partnership announced today at Abu Dhabi Finance Week that will expand adoption of USDC and support the development of the global digital assets and broader financial services ecosystem. With the growth and worldwide adoption of USDC as one of the most powerful utilities for money on the internet, this collaboration brings together a trusted and compliant digital dollar with the largest platform in the world for using digital assets.
Through the partnership, Binance will make USDC more extensively available across their full suite of products and services, ensuring that their more than 240 million global users are able to seamlessly access and use USDC for trading, saving, and payments applications.
Additionally, Binance will adopt USDC as a vital dollar stablecoin for their own corporate treasury, a powerful signal about the world moving on-chain.
Likewise, Circle will provide Binance with the necessary technology, liquidity and other tools for Binance users to benefit from the trust and innovation that Circle has built for USDC. Circle will also work with Binance to build key relationships across the global finance and commerce landscape, as mainstream companies all around the world seek to benefit from crypto infrastructure and stablecoins for an increasingly wide array of use-cases.