https://blockchaining.org/tags/usdc/ Recent content in USDC on Blockchaining.org Hugo en-us Wed, 23 Sep 2026 00:00:00 +0000 https://blockchaining.org/binance-takes-a-100-million-stake-in-circle-and-locks-in-usdc-for-five-years/ Wed, 23 Sep 2026 00:00:00 +0000 https://blockchaining.org/binance-takes-a-100-million-stake-in-circle-and-locks-in-usdc-for-five-years/ <p>Binance has bought $100 million of Circle stock. The two companies also signed a new five-year commercial agreement to push USDC, Circle&rsquo;s dollar stablecoin, across the exchange and into emerging markets.</p> <p>The equity part is simple. Binance took 1,237,011 Class A shares of Circle Internet Group (NYSE: CRCL) in a private placement at $80.84 each, about 5% under the September 17 close of $85.09. The deal closed that day and was announced on September 22. Binance can&rsquo;t sell, transfer or hedge the shares for up to two years, or until it exits the commercial agreement, but it keeps its voting rights. CRCL rose close to 2% premarket on the news.</p>