Binance invested US$100 million in Circle and signed a five-year agreement to promote USDC.
Binance has spent US$100 million to acquire a stake in Circle, and the two parties have reached a five-year cooperation agreement to promote the integration and promotion of USDC on the Binance platform. Circle is estimated to be valued at approximately US$24.3 billion, so the investment accounts for approximately 0.4% of the company's total shares.
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