Binance buys $100 million Circle stake in five-year USDC promotion deal
#USDC
TLDR — Circle sold 1.
Signal data─ Neutralconfidence 50%Low materiality
AssetUSDCEventsector-trendEvent timeAttention0 readers/hrSmart readers0
Circle sold 1.24 million shares at $80.84 each and will pay Binance a monthly fee tied to USDC held through its wallet infrastructure.
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