Circle and Binance have formed a strategic partnership to promote global adoption of USDC and Cryptocurrency.

(USDC will be more widely used on the global platform of Binance)

The two giants in the encryption industry, Circle Internet Group Inc. and Binance, announced today a new strategic partnership at Abu Dhabi Financial Week to promote the adoption of USDC and support the development of global digital assets and a wider financial services ecosystem. As USDC grows and is widely adopted as one of the most powerful money tools on the Internet, this collaboration will bring together a trusted and compliant digital dollar with the world’s largest digital asset platform.

Through this collaboration, Binance will more extensively utilize USDC in its entire suite of products and services, ensuring its over 240 million global users can seamlessly trade, save, and make payments with USDC.

In addition, Coin An will also adopt USDC as its important dollar Stable Coin for corporate financial reserves, which is a strong signal that the world is moving towards on-chain transfer.

Similarly, Circle will provide Binance with the necessary technology, Liquidity, and other tools for Binance users to benefit from the trust and innovation established by Circle for USDC. As mainstream companies around the world are seeking to leverage encryption infrastructure and stablecoins to meet increasingly diverse use case requirements, Circle will also collaborate with Binance to establish important relationships in the global financial and business sectors.

Circle’s Chairman and CEO, Jeremy Allaire, said, ‘Coin安 is a highly innovative company that demonstrates its strong commitment to product quality, innovation, and user-centricity, as evidenced by its massive community of over 240 million loyal global users. With Coin安 rapidly becoming a leading global financial super app, and with the adoption and application of Stable Coin at the core of the future financial system, this provides a great opportunity for the widespread adoption of USDC on the Coin安 platform. The Coin安 leadership team continues to build the world’s largest digital asset company, and I am delighted to collaborate with them.’

Deng Weizheng, CEO of CoinAn, said: “Circle is undoubtedly one of the most trusted and innovative companies in the digital asset ecosystem, and USDC is one of the most prominent products in the world. Through our strategic partnership, our users will be able to use USDC more fully on our platform, including more USDC trading pairs, special promotions for USDC-related products, and promotion of other coinsafe products. We will also work closely with Circle to drive innovation and adoption of Stable Coin on a global scale.” Through teamwork, we believe we can significantly advance the potential of the online financial system."

This article Circle has formed a strategic partnership with Binance to promote the global USDC and encryption of cryptocurrencies, which first appeared in Chain News ABMedia.