Circle gains Binance backing in USDC-Tether race
Circle secured a $100 million Binance investment and five-year USDC deal as it competes with Tether for stablecoin market share.

Circle secured a $100 million Binance investment and five-year USDC deal as it competes with Tether for stablecoin market share.

Circle expanded CCTP on Arc beyond USDC to support EURC and cirBTC, while Gateway plans multi-asset unified balances and more asset coverage.

Aerodrome liquidity farming has accounted for about $109 billion of the $121 billion in USDC transfers recorded on Sep. 23, according to an analysis by RyeBlocks.…

Binance has invested $100 million in Circle Internet Group while entering a new five year commercial agreement that will pay the crypto exchange to promote USDC…

Circle has launched Bitcoin-backed USDC borrowing in Circle Mint, letting eligible institutions use cirBTC collateral on Arc and Ethereum.

Morpho has opened lending markets for five Coinbase tokenized stocks on Base, with users pledging $104,401 in stock tokens and borrowing $54,652 in USDC against them…

Neutrl opened NUSD and sNUSD redemptions for USDC through Nov. 14 as on-chain data showed a 0.51 redemption rate tied to liquid reserves.

Galaxy launched USDC and USDT lending vaults on Kamino, bringing its institutional risk framework and curated yield strategies to Solana.

Circle has launched the public mainnet of Arc on Sept. 16, bringing its USDC-powered Layer 1 blockchain online with institutional validators, more than 20 fiat stablecoins…

Binance will remove four USDC spot pairs involving BREV, COOKIE, LA and QNT on Sept. 18 while keeping the underlying tokens tradable.

