FeesSafety
Pluang+

Circle raises $100M selling shares to Binance, linking stablecoin USDC with Binance wallet fees

Market News
22 Sep 2026, 14:39 WIB
Decrypt
View Source
Bullish
Circle raises $100M selling shares to Binance, linking stablecoin USDC with Binance wallet fees

Circle sold 1,237,011 Class A shares to Binance at $80.84 each, raising $100 million in a private placement closed on September 17. Under a new five-year deal, Circle will pay Binance a monthly fee based on USDC stablecoin held via Binance's wallet infrastructure, while Binance agreed to promote USDC on its platform. Binance cannot sell or hedge the shares for two years but retains voting rights. This deal updates previous agreements and strengthens the partnership as Circle launches its Arc Layer 1 network with major financial backers, with Binance as a key exchange partner. The arrangement highlights the growing integration of stablecoins with crypto infrastructure and exchange services.

As of Sep 22, 2026 19:04 WIB, Binance Coin (BNB) trades at Rp14.087.677 on Pluang, showing a slight 0.03% increase over the past day. The market cap stands at Rp1.870,97 trillion with a 24-hour trading volume of Rp43,38 trillion. Binance remains a major player in the crypto ecosystem, supported by active trading and a balanced order activity of 57% sell and 43% buy on Pluang.

More News (BNB)

Two long-term Bitcoin holders moved nearly 2,000 BTC to Binance and Kraken, showing big unrealized gains and losses.

Two long-term Bitcoin holders moved nearly 2,000 BTC to Binance and Kraken, showing big unrealized gains and losses.

Two long-term Bitcoin holders transferred a total of 1,929.5 BTC, worth about $143.6 million, to exchanges Binance and Kraken on Wednesday. One holder sent 1,000 BTC to Binance, purchased about five years ago at $46,700 per coin, showing a projected ...

Market News
Neutral
5 hours ago
Bitcoin rises to $74,630 despite overall crypto market dip to $2.5T.

Bitcoin rises to $74,630 despite overall crypto market dip to $2.5T.

Bitcoin's price climbed to $74,630 even as the total cryptocurrency market capitalization fell by 1.69% to $2.5 trillion over 24 hours. Other major coins like Ether, XRP, BNB, Solana, and Dogecoin also saw gains, with Solana leading among them. Bitco...

Neutral
7 hours ago
$323.6M in crypto moved from unknown wallets to Aave, Binance, and Kraken in three hours

$323.6M in crypto moved from unknown wallets to Aave, Binance, and Kraken in three hours

On November 11, $323.6 million in cryptocurrency was transferred from unknown wallets to three major platforms within three hours. The largest transfer was 180 million USDT (about $179.9 million) sent to Aave, followed by 999 BTC ($74.4 million) to B...

Neutral
7 hours ago
Bitcoin open interest on Binance drops 17%, signaling deleveraging amid record liquidations since 2021.

Bitcoin open interest on Binance drops 17%, signaling deleveraging amid record liquidations since 2021.

Bitcoin's open interest on Binance fell 17% from $10.6 billion to $8.8 billion in under a month, indicating a fresh phase of deleveraging as traders reduce leveraged exposure. This decline comes alongside Binance recording its highest monthly liquida...

Market News
Bearish
7 hours ago
Altcoin spot ETFs see mixed flows with SOL and ZEC outflows, others stable on Nov 11, 2026

Altcoin spot ETFs see mixed flows with SOL and ZEC outflows, others stable on Nov 11, 2026

On November 11, 2026, altcoin spot ETFs showed varied net flows: Solana (SOL) and Zcash (ZEC) experienced notable outflows, continuing recent withdrawal trends. Other altcoins like XRP, Dogecoin (DOGE), Chainlink (LINK), Avalanche (AVAX), and Litecoi...

Bearish
12 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App