Circle’s yield-bearing stablecoin USYC is now accepted as collateral on Binance, advancing tokenised asset adoption.

Assume any exchange that has some material amount of USDC has an agreement with Circle, said one person familiar with the situation.

Circle and Binance, as part of an ongoing tie-up, are collaborating on USYC as a means to make it easier for TradFi firms to ...

Circle Internet Group, Inc. (NYSE: CRCL) announced a collaboration with Binance, the world’s blockchain ecosystem and digital ...

Circle Internet Group, Inc. has announced a new partnership with Binance to bring the USYC stablecoin into Binance’s trading ...

Binance launches RWUSD, a principal-protected yield product offering up to 4.2% APR, tied to tokenized U.S. Treasury bills ...

Circle Internet Group ( CRCL 9.28%), a fintech company that issues stablecoins, was a big winner in its first month on the ...

Binance will begin accepting Circle’s yield-sharing stablecoin USYC as collateral for institutional clients, according to an ...

Notably, Binance has been a long-time competitor of Coinbase Global Inc., which has a close relationship with Circle. USDC was launched through a joint venture between Coinbase and Circle in 2018.

On Wednesday morning in Abu Dhabi, Binance and Circle announced a strategic alliance that will see them promote USDC—a digital token backed 1:1 by the U.S. dollar—that is jointly owned by ...

The upshot is that Circle appears to have made peace with its old rival in order to take advantage of Binance’s vast network and find new customers for USDC. Binance, meanwhile, will be able to ...

Stablecoin issuer Circle has intervened in the Securities and Exchange Commission’s case against major crypto exchange Binance, arguing that financial trading laws shouldn’t spread to ...