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Circle Expands $635M Tokenized Treasury Fund to Solana Amid Rapid RWA Growth
Yahoo Finance· 2025-10-01 16:17
Circle (CRCL), the crypto company known for its USDC stablecoin, introduced on Wednesday its tokenized U.S. Treasury fund offering to Solana, expanding its footprint to the blockchain known for low-cost transactions and fast settlement times. The move expands the USYC token beyond Ethereum, Near, Base and Canton networks and the planned addition of BNB Chain. USYC is a tokenized version of a short-duration U.S. government money market fund. The fund is redeemable in real time into USDC, Circle’s dollar ...