Crypto industry firms Circle Internet Group Inc. and Binance have joined forces in a partnership announced at Abu Dhabi Finance Week.

The partnership will bring more USDC trading pairs, special promotions on USDC across trading and other products, Binance CEO Richard Teng said.

Circle, the issuer of US dollar pegged stablecoin USDC, and Binance, the world’s largest cryptocurrency exchange by user and trading volume, have announced a groundbreaking partnership. The companies revealed the strategic partnership on December 11 at the Abu Dhabi Finance Week.

Circle and Binance have formed a strategic partnership to boost the adoption of the USDC stablecoin and cryptocurrencies globally.

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

Through the partnership, Binance will make USDC more extensively available across their full suite of products and services, ensuring that their more than 240 million global users are able to seamlessly access and use USDC for trading, saving, and payments applications.

Binance plans to integrate USDC across its products and services by enabling users to utilise USDC for various transactions.

On Wednesday morning in Abu Dhabi, Binance and Circle announced a strategic alliance that will see them promote USDC—a digital token backed 1:1 by the U.S. dollar—that is jointly owned by Circle and Coinbase.