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Binance Circle stake and USDC deal stories

Sep 22, 2026

Binance buys $100 million stake in Circle, expands USDC partnership

Binance acquired 1.24 million Circle shares at $80.84 each through a private placement that closed September 17. Under a separate five-year deal, Circle will pay Binance annual fees to promote USDC in emerging markets.

Sep 22, 2026·5 sources
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Top claims

  • ▪Coinbase Global, which co-founded USDC, maintains a revenue-sharing agreement with Circle Internet Group where Coinbase earns 100% of the interest income from USDC held on its exchange
  • ▪Binance retains all shareholder voting rights on its 1,237,011 Class A shares of Circle Internet Group during the two-year transfer restriction period
  • ▪The September 2026 agreement between Binance and Circle Internet Group supersedes and replaces their previous USDC partnership agreements signed in November 2024 and August 2025

Subtopics

Crypto exchanges1Institutional crypto partnerships & milestones1Payments1Stablecoin market1Stablecoins1

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