Binance officially acquires Circle stock and heavily promotes USDC on the platform—this is a major bullish signal. Back in the day, Binance heavily promoted BUSD, pushing its circulation to $23 billion and making it the third-largest stablecoin. However, it had to stop after the New York regulators halted BUSD. Now, Binance has chosen to collaborate with Circle to develop USDC, which is the best choice under the current stricter regulatory environment. There's hope that USDC might surpass USDT in the future.