Binance said it will integrate USDC into its products and services, making the stablecoin more accessible to its 240 million users, and will also use USDC for its corporate treasury operations.
Circle will provide Binance with the technology, liquidity and tools to help the exchange increase user confidence and raise additional funds for its development.
Circle Chairman and CEO Jeremy Allaire noted that the adoption and use of stablecoins is the foundation of the future financial system.
Binance CEO Richard Tang said that Circle is one of the most reliable and innovative companies in the digital asset ecosystem, and partnering with it will bring benefits to both organizations.
Previously, Binance's marketing director explained the exchange's principles when deciding to add new memcoins to the platform#Binance #BNB #BNB🔥 #BNB/BTC $BNB
