Binance has integrated Circle’s USYC token as approved collateral for over-the-counter (OTC) derivatives trading, marking a strategic enhancement for institutional crypto trading. This move broadens access to Treasury-linked instruments within digital asset markets and expands practical applications for tokenized fixed-income products.
USYC, which provides exposure to U.S. Treasury yields within cryptocurrency ecosystems, receives native support on Binance’s BNB Chain. The token leverages Circle’s acquisition of tokenization platform Hashnote and is directly backed by holdings in U.S. Treasury securities.
Approximately $700 million in on-chain assets tied to U.S. government debt reportedly involve USYC, underscoring its established treasury backing. The collateral integration is anticipated to accelerate institutional adoption of tokenized real-world assets across digital trading environments.