Circle is doubling down on Binance after USD Coin (USDC) stablecoin customer balances on the exchange nearly quintupled since their first agreement. On Sept. 22, the companies announced a new five-year commercial agreement alongside Binance’s $100 million equity investment in Circle, extending ...
Source: [CryptoSlate](https://cryptoslate.com/circle-pays-millions-for-binance-distribution-while-its-margins-collapse/)