USDC Circle Internet Group and Binance Establish Strategic Partnership to Accelerate the Adoption of USDC Stablecoins and Other Digital Assets Globally

This collaboration was announced at the Abu Dhabi Finance Week event marking an important step in stablecoin integration into the global financial

Jakarta - Stablecoin issuer USDC Circle Internet Group and crypto exchange Binance are forging a strategic partnership to bolster the global adoption of USDC stablecoin and other digital assets. The partnership was announced at the Abu Dhabi Finance Week event, marking a key step in the integration of stablecoins into the global financial and trade landscape.

This partnership will integrate USDC into a range of services offered by Binance, which boasts over 240 million users across the globe. Notably, USDC, a stablecoin pegged to the value of the US dollar, will be available across various Binance services, including trading, savings, and payments.

Moreover, Binance will also be adopting USDC as part of the company's treasury. As a result, USDC is poised to become a more stable and accessible financial solution for both individual users and institutional players like Binance.

"We value Binance for their strong focus on user experience and innovation. Together, we can make USDC a complete financial application for trading, saving, holding and paying," said Circle CEO Jeremy Allaire.

Meanwhile, Binance CEO Richard Teng also stated that the partnership presents exciting opportunities for users to enjoy a variety of additional benefits from USDC, such as new trading pairs and exclusive promotions.

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Tag: Technology Crypto Stablecoin