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Not an investment, but monthly rent: Binance’s 100 million USD investment in Circle, viewed from another angle

Circle used 100 million USD in equity to secure a priority position on Binance’s shelf—and that position requires a renewal payment every month.

Source: https://www.panewslab.com/zh/articles/01a0cbef-692c-73b8-a26e-6d51eb4dec1b