Circle's interest-bearing stablecoin USYC will be natively issued on the BNB Chain.
BlockBeats News, July 24th, BNB Chain issued a statement, indicating that the development of Real World Assets (RWA) on BNB Chain is rapidly accelerating. Circle is launching an interest-bearing stablecoin, USYC (backed by US Treasuries), on BNB Chain, which will significantly enhance global users' capital efficiency. Users can earn yield, maintain liquidity, increase transaction speed, and support on-chain operations. Through the BNB Chain native USYC, users can:
· Continuously earn yield while using it as collateral
· Exchange for USDC at near-instant speeds
· Seamlessly access existing tokenized Real World Assets (RWA) within the ecosystem
Circle's USYC is about to launch, bringing nearly instant liquidity and continuous yield to BNB Chain, driving an intelligent upgrade of the Decentralized Finance (DeFi) experience.
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