Circle: USYC on-chain surpasses 1 billion USD, of which 900 million USD comes from BNB Chain

According to RWA.xyz data, Circle's yield-bearing stablecoin USYC has surpassed a total on-chain supply of $1 billion, with over $900 million deployed on the BNB Chain. This growth reflects that more global institutions are using the BNB Chain as a core infrastructure to deploy on-chain assets.

In the past year, several institutions have launched tokenized products on the BNB Chain, including:

• BlackRock: Its BUIDL fund has been tokenized by Securitize and has been accepted by multiple mainstream institutions as collateral.
• Ondo: Launched 100 tokenized U.S. stocks and ETFs.
• CMB International: Tokenized a $3.8 billion money market fund.
• Franklin Templeton: Expanded its Benji platform to the BNB Chain.
• Securitize × VanEck: Launched VBILL, which provides exposure to U.S. Treasury bonds.