September 22, 11:43

Binance buys $100 million stake in Circle

Binance buys $100 million stake in Circle, expands partnership

Reuters

Circle said on Tuesday that Binance purchased a $100 million stake in the stablecoin issuer. The deal deepens the crypto exchange's ties with Circle, which is behind USDC, a major dollar-pegged token. Circle shares were last up nearly 2% in premarket trading.

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