Binance Acquires $100 Million Stake in Circle and Extends USDC Fee Arrangement

Circle has sold a block of its common stock to Binance, creating a roughly $100 million equity stake for the exchange. The transaction involved 1,237,011 shares priced at $80.84 per share, representing a five‑percent discount to Circle’s closing price on September 17.

Equity transaction details

The share sale gives Binance a significant ownership position in Circle, while the pricing discount reflects a negotiated terms structure between the two parties.

Renewed USDC fee agreement

Alongside the equity purchase, Circle reaffirmed its existing arrangement to pay Binance a monthly fee that is tied to the amount of USDC stablecoins held on the exchange. The fee structure remains unchanged from the prior agreement.

Implications for the stablecoin market

The renewed fee relationship underscores Binance’s role as a major distribution channel for USDC, and the equity stake may deepen operational collaboration between the two firms.