Circle Expands USYC to BNB Chain, Providing On-Chain Yield Collateral for DeFi

Circle has expanded its tokenized money market fund, USYC, to the Binance Smart Chain (BSC) network. This move follows the successful integration of BlackRock’s $2.9 billion BUIDL fund on BSC, further solidifying the chain’s position as a growing hub for real-world asset (RWA) products within the DeFi ecosystem. USYC now offers developers on the BSC access to regulated, daily-yielding collateral directly integrated into DeFi applications. This expansion enables eligible institutions to leverage USYC for yield-generating opportunities in various DeFi protocols such as lending markets and derivatives exchanges.