Binance partners with Circle to integrate USDC across its platform
Announced during Abu Dhabi Finance Week on 11 December, this collaboration seeks to integrate USDC across Binance’s platform, making it accessible to over 240 million users.
As part of the partnership, Binance will also include USDC in its corporate treasury operations, highlighting its growing use in on-chain financial transactions. Circle, in return, will provide the necessary technology, liquidity, and tools to enhance USDC’s infrastructure, supporting its use in a range of financial services.
Both CEOs expressed optimism about the partnership’s potential. Richard Teng of Binance highlighted that it would create new opportunities for users to engage with USDC through more trading pairs and promotions. Jeremy Allaire of Circle emphasised the potential for USDC to become ubiquitous on Binance’s platform, strengthening its position in the global digital asset market.
The partnership comes amid the increasing adoption of stablecoins in the financial world, with more companies exploring their use as a payment method and a bridge into the crypto market. Stablecoins like USDC have become key drivers of crypto adoption, facilitating billions of transactions worldwide.