Binance, the largest cryptocurrency exchange, announced a strategic partnership with Circle to accelerate the global adoption of the USDC stablecoin.

The partnership will provide access to USDC for 240 million Binance users.

Circle positions itself as a more regulated stablecoin, indicating Binance's commitment to adhering to global standards.

In the UAE, Circle is also collaborating with LuLu Financial to facilitate cross-border payments.