In an attempt to boost growth, the company behind the $41 billion digital dollar USDC is deepening its ties to Binance and its 240 million global users.

Circle Internet Financial Ltd., the issuer of the stablecoin USDC, and the crypto exchange Binance said they’re partnering to expand the use of the token on the trading platform as part of a plan to accelerate growth.

Crypto industry firms Circle Internet Group Inc. and Binance have joined forces in a partnership announced at Abu Dhabi Finance Week.

T wo of the biggest names in crypto are putting aside their long-standing rivalry, and will now work together to grab a bigger piece of the fast-growing stablecoin pie. On Wednesd

The partnership will bring more USDC trading pairs, special promotions on USDC across trading and other products, Binance CEO Richard Teng said.

Circle and Binance have formed a strategic partnership to boost the adoption of the USDC stablecoin and cryptocurrencies globally.

Binance plans to integrate USDC across its products and services by enabling users to utilise USDC for various transactions.

Crypto exchange Binance and stablecoin issuer Circle have entered a partnership to promote global USDC adoption.

On Wednesday morning in Abu Dhabi, Binance and Circle announced a strategic alliance that will see them promote USDC—a digital token backed 1:1 by the U.S. dollar—that is jointly owned by Circle and Coinbase.

Circle, the issuer of US dollar pegged stablecoin USDC, and Binance, the world’s largest cryptocurrency exchange by user and trading volume, have announced a groundbreaking partnership. The companies revealed the strategic partnership on December 11 at the Abu Dhabi Finance Week.

Circle and Binance have announced a strategic partnership aimed at bolstering the financial services ecosystem and fostering the development of global digital assets. They unveiled collaboration during the Abu Dhabi Finance Week.