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Circle to Launch Interest-Bearing Stablecoin USYC on BNB Chain
Summary: In a recent announcement, BNB Chain revealed that real-world assets (RWA) are rapidly expanding on the platform. Circle's interest-bearing stablecoin USYC, backed by US Treasury bonds, will be natively issued on BNB Chain, significantly enhancing global users' capital efficiency. Users will be able to earn interest, maintain liquidity, increase transaction speed, and support on-chain operations. ...
In a recent announcement, BNB Chain revealed that real-world assets (RWA) are rapidly expanding on the platform. Circle's interest-bearing stablecoin USYC, backed by US Treasury bonds, will be natively issued on BNB Chain, significantly enhancing global users' capital efficiency. Users will be able to earn interest, maintain liquidity, increase transaction speed, and support on-chain operations. With native USYC on BNB Chain, users can: generate continuous income while using it as collateral, exchange it for USDC almost instantly, seamlessly access existing tokenized real-world assets (RWA) within the ecosystem. The upcoming launch of Circle's USYC will inject near-instant liquidity and continuous income into BNB Chain, driving the intelligent upgrade of decentralized finance (DeFi) experience.