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coinpedia 2024-12-11 08:42:10

Circle and Binance Partner to Expand USDC and Crypto Adoption Globally

Circle and Binance Partner to Expand USDC and Crypto Adoption Globally

The post Circle and Binance Partner to Expand USDC and Crypto Adoption Globally appeared first on Coinpedia Fintech News Circle Internet Group and Binance, two of the largest players in the crypto world, have announced a strategic partnership aimed at accelerating the global adoption of USDC and other digital assets. This announcement, made during Abu Dhabi Finance Week, signals a major step toward integrating stablecoins into mainstream finance and commerce. Circle Partner With Binance Circle, known for its trusted and widely used USDC stablecoin , has teamed up with Binance, the largest crypto exchange, to make USDC more accessible to Binance’s 240 million global users. With this partnership, USDC will be available across Binance’s full range of products, including trading, saving, and payments. Binance has also decided to adopt USDC as a key part of its corporate treasury. This shows Binance’s confidence in USDC as a reliable digital dollar for storing and moving money. 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… pic.twitter.com/WO8w4rv3NZ — Jeremy Allaire – jda.eth / jdallaire.sol (@jerallaire) December 11, 2024 How Circle Will Support Binance Users Jeremy Allaire, the CEO of Circle said that the company will provide Binance with advanced technology and liquidity tools to ensure users have a smooth and secure experience with USDC. The partnership also aims to create new products and services to make stablecoins and crypto a bigger part of everyday financial activities around the world. Leaders’ Vision for the Future Allaire spoke highly of Binance, praising its focus on user-friendly services and innovation. He called Binance a financial “super app” that does it all—trading, saving, storing, and payments. Richard Teng, CEO of Binance, echoed similar sentiments , describing Circle as a trusted leader in the digital asset space. “This partnership offers our users even more opportunities with USDC, from trading pairs to exclusive promotions. With this collaboration, Circle and Binance aim to reach even more users and bring crypto closer to everyday life.

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