Binance Bets $100 Million on Circle in Its Battle With Tether

Binance puts 100 million dollars on Circle and gives a serious boost to USDC. The exchange acquired 1.237 million shares of the stablecoin issuer at 80.84 dollars each, while signing a new five-year business agreement. The goal is to further push USDC on Binance, especially in emerging markets where Tether maintains a considerable lead with USDT.

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