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.

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.

Circle and Binance have entered into a strategic partnership to support the financial services ecosystem and the development of global digital assets. The announcement of the alliance was made at Abu Dhabi Finance Week.

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

USDC to remain available on registered crypto asset trading platforms that meet the CSA's Value Referenced Crypto Asset requirements

Binance and Circle have entered into a strategic partnership around USDC, with a goal of incorporating the stablecoin into products that can be used locally. Circle chief executive Jeremy Allaire made the announcement on stage along with Binance chief Richard Teng at ADGM's Abu Dhabi Finance Week on Wednesday.