Binance to Boost USDC Usage on Its Platform

Forex - The issuer of the stablecoin USDC, Circle Internet Financial Ltd., and the cryptocurrency exchange Binance have announced a partnership to expand the use of tokens on the trading platform as part of their growth acceleration plan. Binance will list more cryptocurrency trading pairs in USDC and offer special promotions related to USDC trading. According to the announcement, Binance also plans to hold USDC for its own corporate treasury. A Binance spokesperson declined to comment on how much USDC the company would hold, adding that they aim to add the stablecoin "over time."