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Binance will list more crypto trading pairs denominated in USDC, and offer special promotions tied to USDC-related trading. Binance also plans to hold USDC for its own corporate treasury, according to a statement.
“Binance has undergone a deep transformation of its business, and over time, we mutually agreed that it made sense to pair one of the world’s most trusted and regulated stablecoins, USDC, with the world’s largest cryptocurrency exchange to prioritize the safety and security of their customers’ assets as the company focuses on improving its regulatory scorecard,” said Kash Razzaghi, Circle’s chief business officer.
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