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 ...

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

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

Binance now supports USYC and cUSDO as institutional collateral, aiming to bring yield on-chain for big traders.

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

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

Overview: Anchorage Digital's Stablecoin Platform launches a US-approved stablecoin issuance platform with Ethena, expanding ...

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.

The B-Token version of Circle’s USDC was also impacted, with Binance having only $100 million in stored collateral to support $1.7 billion in Binance-peg USDC.

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

The B-Token version of Circle’s USDC was also impacted, the person said, noting that on one occasion, Binance only had $100 million in stored collateral to support $1.7 billion in Binance-peg USDC.

Circle Internet Group, Inc. (NYSE: CRCL) today announced a new collaboration with Binance, the world's leading blockchain ecosystem and digital asset exchange. Together, Circle and Binance are ...