Binance invests $100 million to purchase Circle stock and promote USDC

Binance invests $100 million to purchase Circle stock and signs a 5-year commercial agreement to promote and integrate USDC within the platform. The number of USDC spot trading markets on Binance has increased from 140 to 329, and monthly trading volume has risen from $20 billion to $40 billion, consistently exceeding $80 billion. Since 2026, Binance has been processing daily USDC spot trading volumes ranging from $5 billion to $10 billion. The market value of USDC is about 74 billion US dollars, lower than USDT's about 140 billion US dollars. Martins Benkitis, co-founder of Gravity Team, stated that leveraging Binance's users and infrastructure to expand the size of USDC will put pressure on USDT's position in global trading and emerging markets, but USDT has deep trading pairs, local liquidity, and user habits.