Binance will begin accepting Circle’s yield-sharing stablecoin USYC as collateral for institutional clients, according to an ...

Circle and Binance, as part of an ongoing tie-up, are collaborating on USYC as a means to make it easier for TradFi firms to ...

Circle’s yield-bearing stablecoin USYC is now accepted as collateral on Binance, advancing tokenised asset adoption.

Circle Internet Group, Inc. has announced a new partnership with Binance to bring the USYC stablecoin into Binance’s trading ...

Circle seeks to leverage Binance’s large user base Circle’s CEO, Jeremy Allaire, lauded Binance’s approach to innovation and its focus on user experience. “I have long admired Binance for ...

Circle Internet Group, Inc. (NYSE: CRCL) announced a collaboration with Binance, the world’s blockchain ecosystem and digital ...

Binance now supports USYC and cUSDO as institutional collateral, aiming to bring yield on-chain for big traders.

Notably, Binance has been a long-time competitor of Coinbase Global Inc., which has a close relationship with Circle. USDC was launched through a joint venture between Coinbase and Circle in 2018.

The upshot is that Circle appears to have made peace with its old rival in order to take advantage of Binance’s vast network and find new customers for USDC. Binance, meanwhile, will be able to ...

Binance will also adopt the second-largest stablecoin for its own corporate treasury, according to the two companies.The partnership with Binance comes as Circle, which has $40 billion worth of ...

Crypto exchange Binance will cease deposit and withdrawal support for TRC-20-based USD Coin (USDC) tokens in under two weeks. On Feb. 20, USDC issuer Circle announced plans to discontinue support ...

Binance, its U.S. arm and its owner Changpeng “CZ” Zhao last week filed to dismiss the SEC case, arguing the regulator is seeking authority over digital assets without congressional authorization.