Dear Binancians,
We are pleased to announce that Circle has been authorized to issue USDC as a regulated e-money token, compliant with MiCA regulations (see Circle announcement here). Therefore, USDC will remain available in most of our product offerings, including:
Convert
Buying and selling USDC via Convert remains available. Other stablecoins can be converted to USDC.
Earn
USDC subscriptions through Simple Earn, Cloud Mining and Web3 Wallet Earn, including all automatic subscription features, remain available.
Ready
USDC loan applications remain available.
The use of USDC as collateral for these products remains available.
Buy cryptos with fiat currencies
Purchasing USDC with fiat currencies and credit cards via the “Buy Crypto” page remains available. All ongoing recurring purchase (Auto-Invest) plans currently set from local fiat currencies to unregulated stablecoins will be automatically transferred to USDC.
Please note that Spot trading for all stablecoins remains available after July 1, 2024.
Our management of unregulated stablecoins remains the same as in the previous announcement. There will be no forced conversions.
Thank you for your support !
