The surprise move brings together longtime rivals and could shake up the stablecoin landscape.

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Binance and Coinbase ally Circle form USDC alliance to take on Tether

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Chatchaval Jiaravanon

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Circle, the issuer of the stablecoin USDC, and cryptocurrency exchange Binance are collaborating to enhance USDC’s presence on the Binance platform. Binance plans to list more crypto trading pairs denominated in USDC and offer special promotions related to USDC. Additionally, Binance intends to hold USDC as part of its corporate treasury, although the amount remains undisclosed. This partnership comes as Circle’s main competitor, Tether, increas…

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Circle and Binance Expand USDC Use Amidst Rising Stablecoin Market

Tether's USDT dominance is under threat with the latest partnership between Binance and Circle, which aims to accelerate the adoption of USDC, a move said to signal a major shift in the crypto market. The post Binance/Circle USDC tie up targets Tether’s stablecoin dominance appeared first on CoinGeek.

CoinGeek

Binance/Circle USDC tie up targets Tether’s stablecoin dominance

The post Tether Mints 1 Billion USDT as Binance and Circle Team Up appeared on BitcoinEthereumNews.com. According to new on-chain data, Tether just minted USDT tokens worth $1 billion. The company has recently been minting in huge volumes, reporting record profits in Q3 2024. However, Binance and Circle announced a partnership today to possibly take on Tether, marking a potential new major rival to the company’s stablecoin market share. Tether M…

Bitcoin Ethereum News

Tether Mints 1 Billion USDT as Binance and Circle Team Up

The largest exchange on the market joined the company behind the USDC stablecoin to reach more than 240 million users. Read more

El exchange más grande del mercado se unió a la empresa detrás de la stablecoin USDC para hacerla llegar a más de 240 millones de usuarios. Leer más

Binance se alía con la principal competencia de USDT

criptonoticias.com

Binance aligns with USDT's main competition

In a strategic move that could reshape the competitive landscape of the stablecoin market, Binance and Circle have announced a partnership to accelerate the adoption of USD Coin (USDC). By leveraging Binance’s massive reach and user base, Circle aims to make USDC a more compelling alternative for retail and institutional users alike. Circle will provide the technology and liquidity infrastructure to enhance USDC’s use cases, including trading, s…

Binance and Coinbase ally Circle form USDC alliance to take on Tether

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