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Binance invests $100M in Circle to boost USDC stablecoin globally, challenging Tether.

Market News
22 Sep 2026, 16:08 WIB
CNBC
View Source
Bullish
Binance invests $100M in Circle to boost USDC stablecoin globally, challenging Tether.

Binance has agreed to invest $100 million in Circle by purchasing shares at $80.84 each, with a two-year lockup period. This investment is part of a five-year partnership where Binance will promote Circle's USDC stablecoin to its large global user base, while Circle pays Binance a monthly fee based on USDC balances. The deal aims to expand USDC beyond its U.S.-focused market to compete more directly with Tether in international crypto markets. This partnership supports Circle's broader strategy to grow its digital asset products and reach emerging markets worldwide.

Circle's $100 million investment from Binance is notable context for readers. For those tracking Pluang's market as of Sep 22, 2026 19:41 WIB, 105 of 150 US stocks rose while 40 fell. Delta Air Lines traded at USD 84.86 with a 1-day change of +2.86% and a typical hold time of 96 days on Pluang.

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