On February 2, #Circle上市 4, according to the IPO S-1 document submitted by stablecoin issuer Circle to the U.S. Securities and Exchange Commission (SEC), Binance became the first approved participant under the stablecoin ecosystem protocol in November 2024. According to the cooperation agreement, Binance is required to promote USDC on its platform and hold a certain amount of USDC in its financial reserves.