Circle Taps Binance to Launch Yield-Bearing Stablecoin USYC
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Description
Circle has announced a new partnership with cryptocurrency exchange Binance to launch USYC, a yield-generating stablecoin. According to a press release , this tokenized money market fund (TMMF) stablecoin will be available on Binance’s trading platform for institutions. USYC Stablecoin Brings Lots of Benefits to Binance and Circle USYC stablecoin enables users to earn secure and efficient returns by investing in tokenized U.S. Treasury securities. With this new partnership, Binance’s institution...
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