Binance has invested $100 million in Circle and committed to a five-year commercial agreement aimed at expanding USDC stablecoin access across emerging markets, the companies announced September 22, 2026. The equity investment represents a strategic expansion of the two platforms’ existing partnership, with Binance acquiring Class A common stock at a five percent discount to Circle’s then-current market price.
- Investment Amount: $100 million
- Agreement Duration: Five years
- Share Lock-up Period: Up to two years from closing
- Stock Discount: Five percent below market price
Under the new agreement, Binance will accelerate promotion and integration of USDC on its platform, particularly in emerging markets, while Circle provides the infrastructure for holding and transacting the stablecoin. The partnership positions USDC to compete for dollar-denominated digital asset adoption in regions with limited access to traditional banking.
Circle has earned its place as one of the most credible issuers in the world, spanning USDC, Arc, and the infrastructure reshaping how value moves across borders. Our $100 million investment and five-year commitment represent long-duration conviction.
– Richard Teng, Co-CEO of Binance
Together, we see incredible opportunities to leverage USDC to expand dollar access, support savings and investment with innovative digital asset products, and reach people and businesses throughout global emerging markets.
– Jeremy Allaire, Co-founder, Chairman and CEO of Circle
Circle, a publicly traded internet financial platform, operates USDC, the world’s largest dollar-backed stablecoin network, alongside its Arc blockchain infrastructure and payment settlement services. Binance operates one of the world’s largest cryptocurrency exchanges and digital asset platforms, serving over 300 million users across 100 countries.
Richard Teng, Co-CEO of Binance. Source: LinkedIn
Jeremy Allaire, Co-founder, Chairman, and CEO of Circle. Source: LinkedIn
