Binance has expanded its institutional over-the-counter (OTC) settlement service by incorporating two tokenized real-world assets (RWA) – USYC and cUSDO – as eligible collateral. This addition provides institutional clients enhanced flexibility to leverage their tokenized holdings within Binance’s ecosystem.
The integration specifically supports custody through Banking Triparty and MirrorRSV arrangements, ensuring compliant asset management standards for participating institutions. The move aims to optimize capital utilization efficiency by enabling clients to collateralize OTC trades using tokenized RWA holdings rather than solely relying on traditional liquid assets.
This expansion represents Binance’s continued efforts to bridge traditional finance mechanisms with digital asset infrastructure, offering institutional traders streamlined and capital-efficient settlement alternatives.