Binance has partnered with Circle to enhance the adoption of the USDC stablecoin, aiming to support the global digital assets ecosystem. This collaboration, announced at Abu Dhabi Finance Week, will see USDC become Binance's primary stablecoin, while Circle will provide necessary technology and liquidity.In contrast, Tether has halted the minting of its euro-backed stablecoin, EURT, due to regulatory challenges in Europe, with a redemption deadline set for November 25, 2025. Consumer protection group Consumers' Research has criticized Tether for its lack of transparency regarding its U.S. dollar reserves, labeling it a potential disaster for consumers.
