Binance Circle Deal Boosts USDC, Data Shows Mixed Flow
USDC (USDC)
Editor:
Eugene Serbin
bitcoinethereumnews.com reports that Binance’s $100M Circle (CRCL) deal boosts USDC in the stablecoin race with Tether, according to analysts. Throughout 2026, Binance has consistently captured the largest share of USDC spot trading activity. The exchange processed $5 million-$10 billion in daily volume, which is roughly 10-20 times more than most other trading venues. These other venues typically stay below $0.5 billion, said Anast.
How the market reacted
Whalio's own Binance spot order flow for USDC, measured when this story was written up on 26 September 2026. Not the outlet's figures.
USDC is trading at $1.00 with a 1-hour buy ratio of 52.1% and a 4-hour buy ratio of 55.5%, indicating short-term buying pressure. This contrasts with the 24-hour buy ratio of 49.0%, suggesting that recent activity is more bullish than the daily average. Volume delta shows +$659,559 over the last hour and +$18,000,434 over four hours, while the 24-hour delta is -$62,002,203. The positive short-term deltas mean that buy volume is currently exceeding sell volume, whereas the negative 24-hour figure indicates net selling over the full day. CVD at -$10,484,348 confirms that cumulative selling has outweighed buying over the last 24 hours.
The latest daily buy ratio of 50.2% sits at the 73rd percentile of the last 322 days, against a median of 48.4% - stronger buying than most days.
Was that an ordinary day?
The same Binance spot measurements for USDC, averaged over the days leading up to the story.
Over the preceding week, the 7-day average buy ratio was 50.2%, making today’s 24-hour ratio of 49.0% slightly lower by 1.2 points. Spot volume was 1.01x the average, showing normal trading activity levels. The 8-day volume delta was +$87,146,555, which is a net positive compared to the 24-hour net negative. There were 5 days of net buying out of 7, indicating that buying pressure is not unusual for this coin. The price change over 8 days was 0.0%, showing stability despite the volume fluctuations.