Stablecoin Issuer Circle Expands Offering With Binance (1)

Circle Internet Financial Ltd., the issuer of the stablecoin USDC, and the crypto exchange Binance said they’re partnering to expand the use of the token on the trading platform as part of a plan to accelerate growth.

Binance will list more crypto trading pairs denominated in USDC, and offer special promotions tied to USDC-related trading. Binance also plans to hold USDC for its own corporate treasury, according to a statement. A spokesperson for Binance declined to comment about how much USDC the firm will own, adding that they aim to add the stablecoin “over time.”

The expanded partnership ...