PANews reported on November 20th that Circle's interest-bearing money market fund token, USYC, is now listed on BNB Chain, available only to eligible non-US users. Developers can integrate USYC as yield-generating collateral into lending markets, perpetual contract platforms, and yield vaults, enjoying automatic yield accumulation without staking or distribution. USYC supports instant on-chain redemption to USDC, suitable for efficient liquidation and automation strategies, and its integration method is compatible with ERC-20 tokens.PANews reported on November 20th that Circle's interest-bearing money market fund token, USYC, is now listed on BNB Chain, available only to eligible non-US users. Developers can integrate USYC as yield-generating collateral into lending markets, perpetual contract platforms, and yield vaults, enjoying automatic yield accumulation without staking or distribution. USYC supports instant on-chain redemption to USDC, suitable for efficient liquidation and automation strategies, and its integration method is compatible with ERC-20 tokens.
Circle launches USYC on BNB Chain and opens up DeFi integration.
PANews reported on November 20th that Circle's interest-bearing money market fund token, USYC, is now listed on BNB Chain, available only to eligible non-US users. Developers can integrate USYC as yield-generating collateral into lending markets, perpetual contract platforms, and yield vaults, enjoying automatic yield accumulation without staking or distribution. USYC supports instant on-chain redemption to USDC, suitable for efficient liquidation and automation strategies, and its integration method is compatible with ERC-20 tokens.
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