Circle Internet Group

Money Moves

Sold $100M in Class A stock to Binance

Binance bought $100 million of Circle stock on Sept. 17, becoming a part-owner of the company behind USD Coin (USDC), the second-largest stablecoin. The equity purchase came with a five-year commercial agreement that pays Binance a monthly fee tied to USDC holdings it helps grow.

Updated Sep 23

Money Moves

Acquirer; issuer of USDC stablecoin

Circle Internet Group, the New York-based issuer of the USDC stablecoin, announced September 8 that it signed a definitive agreement to acquire Tazapay, a Singapore-headquartered cross-border payments company, in an all-stock deal worth about $400 million. It is Circle's largest purchase since it bought the Poloniex exchange in 2018, and its first major acquisition since its June 2025 public listing.

Updated Sep 13