Circle joins hands with BiAnn! After becoming strategic partners, how to promote the global popularity of USDC?

【The following content is provided by Binance】

Abu Dhabi, UAE and New York - December 11, 2024 - The two giants of the cryptocurrency industry, Circle Internet Group Inc. and Binance, today announced the establishment of a new strategic partnership at the Abu Dhabi Financial Week to promote the adoption of USDC and support the development of the global digital asset and broader financial services ecosystem. With the growth and widespread adoption of USDC, it has become one of the most powerful monetary tools on the internet. This partnership will combine a trusted and compliant digital dollar with the world's largest digital asset platform.

Image source: Binance Circle has formed a strategic partnership with Binance to promote the global popularity of USDC and cryptocurrencies.

Through this partnership, Binance will further utilize USDC in its entire suite of products and services, ensuring its over 240 million global users can seamlessly trade, save, and make payments using USDC.

In addition, Binance will also adopt USDC as an important USD stablecoin for its corporate financial reserves, which is a strong signal that the world is moving towards the blockchain.

Similarly, Circle will provide Binance with the necessary technology, liquidity, and other tools, allowing Binance users to benefit from the trust and innovation established by Circle for USDC. As mainstream businesses worldwide are seeking to utilize cryptographic infrastructure and stablecoins to meet increasingly diverse use case requirements, Circle will also collaborate with Binance to establish important relationships in the global financial and commercial sectors.

Circle Chairman and CEO Jeremy Allaire said, "Binance is a highly innovative company, demonstrating a strong commitment to product quality, innovation, and user-centric focus, as evidenced by its massive community of over 240 million loyal global users. With Binance rapidly becoming a global leader in financial super applications, and the adoption and application of stablecoins at the core of the future financial system, this provides a great opportunity for the widespread adoption of USDC on the Binance platform. The Binance leadership team continues to build the world's largest digital asset company, and I am pleased to work with them."

Binance CEO Changpeng Zhao said, "Circle is undoubtedly one of the most trustworthy and innovative companies in the digital asset ecosystem, with USDC being one of the most prominent products globally. Through our strategic partnership, our users will be able to fully utilize USDC on our platform, including more USDC trading pairs, special promotions for USDC-related products, and the promotion of other Binance products. We will also work closely with Circle to promote the innovation and application of stablecoins globally. Through teamwork, we believe that we can significantly enhance the potential of the Internet financial system."

About Circle Internet Group, Inc

Circle is a global financial technology company dedicated to helping businesses of all sizes harness the power of digital currencies and public blockchains to drive the development of global payments, commerce, and financial applications. Through its regulated entities, Circle issues USDC and EURC - high liquidity, interoperable, and trusted currency protocols on the internet. Circle's open and programmable platform and APIs enable businesses to easily operate their internet-scale businesses, whether it's for international payments, building global Web3 applications, or managing internal financial reserves.

[Disclaimer] This article is written by Binance. The market is risky, and investment should be cautious. This article does not constitute investment advice, and users should consider whether any opinions, views, or conclusions of this article are suitable for their specific circumstances. Responsibility for investment lies with the individual.

『Circle collaborates with Gate.io! As strategic partners, how to promote global adoption of USDC?』This article was first published on 『Crypto City』.