Binance Invests $100M in Circle and Signs Five-Year USDC Promotion Deal

Binance has acquired $100 million in Circle Internet Group (CRCL) stock through a private placement and entered a five-year commercial agreement to promote USDC. Under the deal, Binance is restricted from selling or hedging the shares for two years. This agreement replaces previous contracts from 2024 and 2025, continuing the partnership to expand USDC access in emerging markets.