Circle's USYC AUM has surpassed $3 billion, making it the largest tokenized money market fund and boosting attention on onchain yield products.Read more...
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Circle’s Tokenized Monetary Market Fund, USYC, marked a historic milestone in surpassing $3 billion in assets under management (AUM). With this achievement it remains the largest fund in its category worldwide. The announcement reinforces Circle’s strategy to dominate not only the USDC stablecoins sector, but also the Real World Assets (RWA) ecosystem, allowing institutional investors to obtain U.S. Treasury bond returns directly on blockchain.