BREAKING NEWS: Circle and Binance have entered into a strategic partnership that will accelerate global USDC and crypto adoption. The world’s largest exchange and crypto super app and the world’s largest trusted and compliant dollar stablecoin operator are coming together to work on the next phase of stablecoin and crypto adoption.
Today, Binance CEO @_RichardTeng and I joined together on-stage in Abu Dubai Finance Week to announce our new and groundbreaking strategic partnership.
Through this partnership, Binance will make USDC more extensively available across their full suite of products and services, ensuring that their more than 240M global users are able to seamlessly access and use USDC for trading, saving and payments applications.
I’m also excited to share that Binance will adopt USDC as a vital dollar stablecoin for their own corporate treasury, demonstrating that one of the most sophisticated onchain treasury operations is putting their full faith behind USDC as a digital dollar for storing and moving value.
Through our collaboration, Circle will provide Binance with a range of technology, liquidity and other tools for Binance users to benefit from the trust and innovation that Circle has built for USDC.
We will also be coming together to work on products and partnerships that advance the use of stablecoins and crypto infrastructure in everyday finance and commerce all around the world.
I have long admired Binance for their relentless commitment to product quality, innovation and user-centricity, which shows in their massive and loyal global community of more than 240M users. As a comprehensive service that spans investing, trading, saving, storing and payments, Binance is truly one of the world’s largest and most open financial superapp’s in the world. And I look forward to being a close partner as they scale to 1B+ users in the coming years.
As Binance itself becomes one of the most widely regulated global exchanges, and continues to invest in robust compliance and risk management infrastructure, the marriage of the largest and fastest growing compliant stablecoin with their global platform marks a major and material shift in the emerging crypto market structure as we enter 2025.
There will be much to come from this partnership spanning products and how we bring our combined capabilities to the market. We look forward to sharing it all with you in the weeks, months and years ahead!
Jeremy
Tune in now: x.com/i/spaces/1rmxp…