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

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

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 ...

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

Circle's initial success has made it extremely expensive. Interest rates affect its revenue, and a large chunk of that revenue goes to Coinbase. Stablecoins could shake up the payments industry, but ...

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

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.

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

Circle will work with Binance to build relationships across the finance and commerce landscape, as companies seek to benefit “from crypto infrastructure and stablecoins for an “increasingly ...

The B-Token version of Circle’s USDC was also impacted, with Binance having only $100 million in stored collateral to support $1.7 billion in Binance-peg USDC.

The B-Token version of Circle’s USDC was also impacted, the person said, noting that on one occasion, Binance only had $100 million in stored collateral to support $1.7 billion in Binance-peg USDC.

Stablecoin issuer Circle has intervened in the Securities and Exchange Commission’s case against major crypto exchange Binance, arguing that financial trading laws shouldn’t spread to ...