Post by Augustine Chiagozie (@pabloexchange)
๐ต Binance Pays $0.50 USDC Dividend to ORC Stock Holders
Binance has distributed a $0.50-per-share dividend in USDC to eligible holders of Orchid Island Capital (NYSE: ORC) through its Binance Stocks product, paying out to investors who qualified before the July 10, 2026 record date.
The move is part of Binance's broader effort to bridge traditional equity markets and crypto infrastructure โ allowing stock investors to receive dividends directly in stablecoins rather than fiat currency.
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