Binance and Circle,Once Bitter Rivals, Join Hands To Boost Global USDC Adoption
Circle and Binance have revealed their strategic partnership during Abu Dhabi Finance Week to promote USDC, a stablecoin jointly owned by Circle and Coinbase.

Circle and Binance have revealed their strategic partnership during Abu Dhabi Finance Week to promote USDC, a stablecoin jointly owned by Circle and Coinbase.
Binance will convert delisted tokens to USDC starting September 2, 2024. Affected tokens include BTG, BTCST, and XMR. Users must withdraw tokens before September 1, 2024, and conversions will be completed by March 1, 2025.
To ensure “reliability and stability,” Binance has converted all of its BTC and BNB insurance funds to USDC. What does this mean?
Binance strengthens asset security, shifts $1B SAFU fund entirely to USDC, reflecting proactive risk management amid regulatory changes.
Binance reallocates $1 billion to USDC, enhancing transparency and security, and influencing the broader crypto market.
Binance discontinues TRC-20 USDC support, prompting users to convert holdings. Circle and Tron remain silent on the matter. USDT surpasses $100B market cap amid concerns over asset backing and regulatory scrutiny.
Binance, the world's largest crypto exchange, adds Dogecoin (DOGE) to its USDC-margined futures, enabling trading with leverage up to 75x. This move follows the success of USDC-margined perpetual contracts and diversifies Binance's offerings, aligning with Dogecoin's growing popularity.
Binance had previously suspended dollar deposits in June, following pressure from the SEC.
The world's largest crypto exchange by trading volume has endured a wave a withdrawals amid concerns about reserves.
Per the official announcement, Binance has announced that it has reopened its USDC (SOL) deposit service after an internal review and review.