Binance and Circle have announced a strategic partnership to enhance the global adoption of the USDC stablecoin. As part of this collaboration, Binance will integrate USDC as a dollar stablecoin for its corporate treasury, expanding its use for trading, savings, and payments on the platform. This partnership aims to increase USDC's presence through promotional campaigns and the introduction of more USDC trading pairs.

Circle has been actively expanding its global reach, recently partnering with national banks in Brazil and Mexico and integrating with the Aptos blockchain via Stripe. The collaboration with Binance marks a significant step in Circle's expansion strategy.

USDC, currently the second-largest stablecoin by supply, recently met Canada's new stablecoin criteria, highlighting its growing regulatory acceptance.