Binance plans to integrate USDC across its products and services by enabling users to utilise USDC for various transactions.

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.

Leading crypto exchange Binance and stablecoin issuer Circle are teaming up to expand the adoption of USDC. In a statement, Binance says the strategic partnership, which was announced at the Abu Dhabi Finance Week on Wednesday, will make USDC more available across its suite of products and services.

Crypto industry firms Circle Internet Group Inc. and Binance have joined forces in a partnership announced at Abu Dhabi Finance Week.

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

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

Crypto exchange Binance and stablecoin issuer Circle have entered a partnership to promote global USDC adoption.

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.

Circle Internet Financial, issuer of the world's second-largest stablecoin, USD Coin (USDC), has made some layoffs as part of a regular review of its operations. The job cuts amount to "less than 6% of Circle's workforce," according to Bloomberg, which reported the news earlier. Circle confirmed the figure in an email.

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.

Binance and USDC issuer Circle have partnered to accelerate adoption of the US dollar-pegged stablecoin across the exchange and globally