Binance takes $100M stake in Circle under expanded USDC deal
Circle sold Binance $100 million in stock and agreed to pay monthly incentives under an expanded five-year partnership promoting USDC.
The trading volume of USDC (USDC) is $394,580.00 in the last 24 hours, with stable market activity.
USDC (USDC) reached an all-time high of $0.00 and an all-time low of $0.00 . It's now trading 0.00% above that peak and 0.00% above its lowest price.
Market capitalization of USDC (USDC) is $29,739,998 and is ranked #938 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of USDC tokens (29,773,640 tokens are tradable on the market today).
The fully diluted valuation (FDV) of USDC (USDC) is $29,576,419. This is a statistical representation of the maximum market cap, assuming the maximum number of 29,773,640 USDC tokens are in circulation today. Depending on how the emission schedule of USDC tokens are designed, it might take multiple years before FDV is realized.
With a price decrease of 0.93% in the last 7 days, USDC (USDC) is underperforming the global cryptocurrency market which is up 5.1%, while underperforming when compared to similar Smart Contract Platform cryptocurrencies which are up 4.1%.
Adding USDC (USDC) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more.
To add them, you'll need to import USDC as a token. You can copy USDC's contract address
(0x09bc4e0d864854c6afb6eb9a9cdf58ac190d0df9) and import it manually, or add USDC to MetaMask with one click.
The circulating supply of USDC (USDC) is 29,773,640 USDC tokens, which represents 100.00% of the total supply of 29,773,640 tokens.
You can buy USDC (USDC) on various cryptocurrency exchanges. The most popular exchanges for trading USDC are typically centralized exchanges (CEX) like Binance, Coinbase, and Kraken, as well as decentralized exchanges (DEX) on the Ethereum network. Always ensure you're using a reputable exchange and enable two-factor authentication for security.
News
Circle sold Binance $100 million in stock and agreed to pay monthly incentives under an expanded five-year partnership promoting USDC.
The two sides closed an equity placement and a five-year commercial deal on the same day, with money moving in both directions.
Circle is bringing Bitcoin-backed borrowing to institutional clients, allowing them to tap BTC holdings for USDC liquidity without selling their Bitcoin.
Arc is a new layer-1 blockchain developed by USDC issuer Circle, designed specifically for stablecoin-native finance.
Circle’s Arc mainnet is live with USDC for transaction fees, support for more than 20 fiat stablecoins and links to over 20 blockchains.
Tazapay processes $25 billion in annualized volume and offers payout rails across 100-plus markets, extending Circle’s USDC payments reach.