Circle sells 1.24M shares to Binance at $80.84 each; Binance to promote USDC
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According to a report from Cailianshe on September 22, Circle, the issuer of the USDC stablecoin, has sold 1.24 million shares of its stock to cryptocurrency exchange Binance at a price of $80.84 per share. As part of the agreement, Binance will promote and support the use of the USDC stablecoin on its trading platform. The transaction represents a strategic partnership between the two major crypto firms, aiming to increase the adoption and liquidity of USDC within Binance's ecosystem.
Source report
September 22 (Cailianshe) — Circle has sold 1.24 million shares to Binance at a price of $80.84 per share. As part of the agreement, Binance will promote the stablecoin USDC on its platform.
Source
财联社Eastern