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 ...

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

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

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

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

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

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 ...

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 will work with Binance to build relationships across the finance and commerce landscape, as companies seek to benefit “from crypto infrastructure and stablecoins for an “increasingly ...

The B-Token version of Circle’s USDC was also impacted, the person said, noting that on one occasion, Binance only had $100 million in stored collateral to support $1.7 billion in Binance-peg USDC.

Stablecoin issuer Circle has intervened in the Securities and Exchange Commission’s case against major crypto exchange Binance, arguing that financial trading laws shouldn’t spread to ...