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Binance invests $100 million in Circle as part of expanded USDC partnership

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Binance invests in Circle — Cryptocurrency exchange Binance has made a $100 million equity investment in Circle, the issuer of the USDC stablecoin, and signed a new five-year strategic partnership to promote the digital dollar on its platform.

The investment, announced on September 23, 2026, deepens the relationship between the world’s largest crypto exchange and one of its primary stablecoin providers. The new multi-year agreement commits Binance to actively promote USDC across its ecosystem, which could significantly boost the stablecoin’s adoption and liquidity.

This move represents a significant vote of confidence in Circle and the USDC ecosystem from a major industry player. It also formalizes a key partnership for Binance, ensuring a stable and regulated fiat-backed asset remains central to its trading operations.

The expanded collaboration comes as stablecoins continue to play a critical role in crypto markets, facilitating trading, settlements, and access to decentralized finance (DeFi) protocols.

Original reporting: The Block