Binance, the world’s largest cryptocurrency exchange by trading volume, has today announced a $100 million equity investment in Circle Internet Group, the global financial technology company behind the USDC stablecoin.

 

 

The investment, which is a renewal of an ongoing partnership that started in 2024, involved Binance purchasing Circle’s newly issued Class A common shares through a private placement at a 5% discount to the market price.

 

 

Under this agreement, Binance will accelerate the promotion, awareness, and integration of USDC across its global platform, especially in emerging markets, with Circle providing the infrastructure services that support the holding and use of USDC.

 

"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."

 

Building on an Existing Partnership

 

The current partnership between both crypto giants is a continuation of a commercial agreement made in late 2024 at Abu Dhabi Finance Week, where Binance entered a strategic agreement to expand USDC availability across its product offerings.

 

The partnership also comes shortly after Circle launched Arc, its Layer 1 blockchain purpose-built for stablecoin finance. Since its launch a few days ago, Arc has reached a TVL of over $300 million. Transactions also crossed 7 million, dropping to 1.27 million thereafter.