Binance will begin accepting Circle’s yield-sharing stablecoin USYC as collateral for institutional clients, according to an ...

Circle and Binance, as part of an ongoing tie-up, are collaborating on USYC as a means to make it easier for TradFi firms to ...

Crypto is coming off a winning month but could soon hit the brakes amid the new macro uncertainty, and in a month usually ...

Circle’s yield-bearing stablecoin USYC is now accepted as collateral on Binance, advancing tokenised asset adoption.

Circle Internet Group, Inc. has announced a new partnership with Binance to bring the USYC stablecoin into Binance’s trading ...

Circle Internet Group, Inc. (NYSE: CRCL) announced a collaboration with Binance, the world’s blockchain ecosystem and digital ...

Binance now supports USYC and cUSDO as institutional collateral, aiming to bring yield on-chain for big traders.

Notably, Binance has been a long-time competitor of Coinbase Global Inc., which has a close relationship with Circle. USDC was launched through a joint venture between Coinbase and Circle in 2018.

The upshot is that Circle appears to have made peace with its old rival in order to take advantage of Binance’s vast network and find new customers for USDC. Binance, meanwhile, will be able to ...