
Binance announced a $100 million investment in Circle Internet Group, buying 1.24 million Class A shares at $80.84 each in a private placement that closed 17 September 2026, per an SEC filing. The deal comes with a renewed five-year partnership focused on promoting the USDC stablecoin, with Binance running promotional activities for it.
Binance CEO Richard Teng framed the investment as "long-duration conviction" in regulated stablecoins, while Circle's Jeremy Allaire said the partnership could expand dollar access in emerging markets.