X @Circle

Overview of USYC on Solana - USYC is now available on Solana, functioning as a tokenized money market fund [1] - USYC accrues yield through token price increases and redeems to/from USDC onchain [1] - USYC features daily pricing, SPL-native integration, and oracle-driven updates [1] Potential Use Cases for Builders - Integrate USYC as an interest-bearing asset in lending protocols [2] - Enable USYC to serve as yield-generating collateral for perp trading [2] - Incorporate USYC into onchain yield-optimization vault strategies [2] Key Problems Addressed - Traditional collateral on many venues is static, failing to capture yield and underutilizing capital [1] - USYC aims to address these inefficiencies for eligible users [1]