CoinScoopBinance acquires $100 million stake in Circle as part of five-year USDC promotion deal
Circle sold 1.24 million shares at $80.84 per share to Binance. Under the five-year agreement, Circle will pay Binance a monthly fee based on the volume of USDC held through the exchange's wallet infrastructure.
Summaries are written by AI from the original article. Not investment advice.