Circle expands USDC agreement with Binance for five years and Binance buys $100M in Circle shares
Circle disclosed in a September 22 Form 8-K that its subsidiaries entered a new five-year agreement with Binance on September 17 to expand USDC adoption, replacing prior agreements signed in November 2024 and August 2025 [1].
Under the agreement, Circle will pay Binance monthly incentive fees based on a percentage of USDC held through Circle’s Modular Smart Contract Wallet infrastructure service, while Binance will perform additional USDC promotional activities on its platform [1].
On the same day as the deal, Binance purchased 1,237,011 shares of Circle’s Class A common stock at a discounted price of $80.84 per share, and multiple reports said the purchase totaled $100 million [1] [2] [3] [4].
Reports also described the equity placement and commercial arrangement as being closed on the same day, with money moving both ways between the two parties [3].
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- 1Just In: Binance Invests $100 Million in Circle as the Two Expand Their Five-Year USDC PartnershipWu Blockchain• Sep 22, 2026
- 2Binance buys $100 million Circle stake in five-year USDC promotion dealCoinDesk• Sep 22, 2026
- 3Binance Takes $100M Stake in Circle Under Five-Year USDC Promotion DealDecrypt• Sep 22, 2026
- 4Binance takes $100 million stake in Circle with five year USDC agreementcrypto.news• Sep 22, 2026
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