Circle Internet Group announced a strategic expansion of its partnership with Binance on September 17, 2026, superseding prior agreements from November 2024 and August 2025. Under the new five-year arrangement, Circle will pay Binance monthly incentive fees based on USDC held through Circle’s Modular Smart Contract Wallet infrastructure in exchange for promotional activities on Binance's platform. Concurrently, Circle completed a private placement of 1,237,011 shares of Class A common stock to Binance at $80.84 per share, generating $100 million in aggregate proceeds. The shares were sold at a discount to the market price and are subject to a two-year lock-up period or until termination of the commercial arrangements by Binance under certain circumstances. Circle Internet Group operates in the digital currency and financial technology industry, providing stablecoin infrastructure and blockchain-based payment solutions.
