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 Internet Group, Inc. (NYSE: CRCL) today announced a new collaboration with Binance, the world's leading blockchain ecosystem and digital asset exchange. Together, Circle and Binance are ...

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

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

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.

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 ...

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 ...

BREAKING NEWS: Circle and Binance have entered into a strategic partnership that will accelerate global USDC and crypto adoption. The world's largest exchange and crypto super app and the world's ...

The B-Token version of Circle’s USDC was also impacted, with Binance having only $100 million in stored collateral to support $1.7 billion in Binance-peg USDC.

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.