According to ChainCatcher news and data from RWA.xyz, the on-chain total supply of Circle's yield-generating stablecoin USYC has surpassed $1 billion, with over $900 million deployed on BNB Chain. This rise reflects that more global institutions are deploying on-chain assets on BNB Chain as a core infrastructure. In the past year, several institutions have launched tokenization products on BNB Chain, including: • BlackRock: its BUIDL fund has been tokenized by Securitize and accepted by several mainstream institutions as collateral • Ondo: launched 100 tokenized US stocks and ETFs • China Merchants International: put a $3.8 billion money market fund on-chain • Franklin Templeton: expanded its Benji platform to BNB Chain • Securitize × VanEck: launched VBILL, providing exposure to U.S. Treasury bonds.
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Circle: USYC on-chain surpasses 1 billion USD, of which 900 million USD comes from BNB Chain.
According to ChainCatcher news and data from RWA.xyz, the on-chain total supply of Circle's yield-generating stablecoin USYC has surpassed $1 billion, with over $900 million deployed on BNB Chain. This rise reflects that more global institutions are deploying on-chain assets on BNB Chain as a core infrastructure. In the past year, several institutions have launched tokenization products on BNB Chain, including: • BlackRock: its BUIDL fund has been tokenized by Securitize and accepted by several mainstream institutions as collateral • Ondo: launched 100 tokenized US stocks and ETFs • China Merchants International: put a $3.8 billion money market fund on-chain • Franklin Templeton: expanded its Benji platform to BNB Chain • Securitize × VanEck: launched VBILL, providing exposure to U.S. Treasury bonds.