🧐 Binance invests 100 million dollars in Circle + both parties renew a five-year strategic partnership for USDC.

SEC documents show: Circle will offer 1,237,000 common shares to Binance at a directed price of 80.84 dollars per share, with Binance investing 100 million dollars to subscribe.

Circle is becoming increasingly entrenched,

previously having initiated related collaborations with OKX, so how is this partnership with Binance different?

1️⃣ OKX × Circle

It feels more like a product and infrastructure collaboration, including aspects like USDC trading, wallets, CCTP cross-chain, X Layer native USDC, Arc, and other infrastructure and technical layers.

In simple terms: Circle provides stablecoin infrastructure, OKX offers trading and on-chain scenarios, binding together technology and facilities.

2️⃣ Binance × Circle;

Relatively, this is a step further: Binance directly invests 100 million dollars in Circle while renewing a five-year strategic partnership, focusing on promoting USDC on Binance's global platform in the future, representing a long-term commitment.

3️⃣ The biggest difference

OKX functions more like a key product partner for Circle;

Binance has become Circle's global distribution partner + shareholder;

It is evident that Circle has ambitions, as it is turning Coinbase, Binance, and OKX—the largest Crypto gateways—into a global distribution network for USDC, one by one.

It appears they want to control distribution!

I just want to ask, given the current situation, does USDT (Tether) have no sense of crisis at all?

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