Circle's partnership with Binance for zero-fee USDC remittances could impact the price of USDC. By eliminating gas fees, it encourages wider use of USDC for global transactions. More people might choose USDC over other stablecoins, increasing its demand and possibly its price. Businesses accessing Binance Pay's network will likely increase transaction volumes, potentially boosting the overall demand for USDC. This development might make USDC more appealing to users seeking low-cost, fast transactions and influence its market position positively. source
With @binance, we are making global money transfers faster and more accessible.
USDC is the default currency for new Binance Pay users, allowing you to send USDC remittances instantly with zero gas fees.
Businesses can tap into Binance Pay’s network to reach millions of users… pic.twitter.com/Lc0old5WOk
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USDC – Circle – Binance Pay – 17 Apr 2025 – TradingView
