Binance and Circle have entered into a strategic partnership aimed at globally expanding the use of the USDC stablecoin. Binance will add new trading pairs with the USDC on its platform and integrate the stablecoin into its corporate treasury.

Circle, in turn, will provide Binance with liquidity, technological support and help in establishing new business ties in the financial sector. The announcement of the partnership was made at Abu Dhabi Finance Week. Circle also announced a collaboration with LuLu Financial to simplify international payments using USDC. This partnership highlights the growing role of stablecoins in the global financial system.