Circle and Binance have formed a strategic partnership to boost the adoption of the USDC stablecoin and cryptocurrencies globally.

In an attempt to boost growth, the company behind the $41 billion digital dollar USDC is deepening its ties to Binance and its 240 million global users.

Circle Internet Financial Ltd., the issuer of the stablecoin USDC, and the crypto exchange Binance said they’re partnering to expand the use of the token on the trading platform as part of a plan to accelerate growth.

T wo of the biggest names in crypto are putting aside their long-standing rivalry, and will now work together to grab a bigger piece of the fast-growing stablecoin pie. On Wednesd

The partnership will bring more USDC trading pairs, special promotions on USDC across trading and other products, Binance CEO Richard Teng said.

Circle and Binance have entered into a strategic partnership to support the financial services ecosystem and the development of global digital assets. The announcement of the alliance was made at Abu Dhabi Finance Week.

Binance and Circle are teaming up to boost the adoption of USDC while supporting the development of a broader financial services ecosystem.

Circle partners with Binance to expand USDC use, aiming to boost stablecoin adoption amid rising competition in the $204B market.

Through the partnership, Binance will make USDC more extensively available across their full suite of products and services, ensuring that their more than 240 million global users are able to seamlessly access and use USDC for trading, saving, and payments applications.

Binance and Circle have formed a strategic partnership to expand USDC stablecoin services across Binance's platform, reaching 240 million users and including corporate treasury integration.

Binance and Circle have entered into a strategic partnership around USDC, with a goal of incorporating the stablecoin into products that can be used locally. Circle chief executive Jeremy Allaire made the announcement on stage along with Binance chief Richard Teng at ADGM's Abu Dhabi Finance Week on Wednesday.