Binance invested $100 million to take a stake in Circle. The private placement that got the deal was priced at $80.84 per share, and in the process they also signed a five-year agreement—Circle will charge Binance a monthly fee based on Binance’s USDC holdings. Put it into plain English: a stablecoin channel fee that effectively turns into shareholder dividends. The covert battle between USDC and USDT is set to escalate, and BNB Chain’s stablecoin influence gains another point of weight. The US SEC filings are right there on the table—the compliance card is played crystal clearly.

$BNB $USDC #Binance #Circle