RT Crypto.com Research & Insights (@cryptocom_rni)DeFi+L1L2 Update:✅ U.S. SEC implicitly approved the DTC to offer RWA services on pre-approved blockchains🚀 JPMorganChase launched its 1st tokenized money market fund, MONY, on Ethereum📈 Institutional Alt Funds drove RWA growth, up 11x YTDFull details 👇https://t.co/6i7UCIS38d ...

Business Focus - Circle's business has historically been defined by USDC [1] - Circle is making a push into yield-bearing assets with the USYC TMMF (Tokenized Money Market Fund) [1] Market Position - USYC market cap is $1.3 billion, making it the 2nd largest tokenized money market fund [1]

Adoption of RWAs on BNB Chain - RWAs (Real World Assets) adoption on BNB Chain is unstoppable [1] - Circle's tokenized money market fund, USYC, surpassed $1 billion in total supply [1] - Over $900 million of USYC resides on BNB Chain [1] USYC Features and Benefits - USYC delivers predictable yield and settles 24/7, near-instant in USDC [1] - USYC is fully BEP-20 compatible, simplifying integration for builders [1] - USYC functions as a yield-bearing collateral [1] BNB Chain Advantages for Builders - Builders choose BNB Chain for USYC due to fast settlements, robust liquidity, and seamless permissioned flows [2] - USYC integrates into lending, perpetuals, and automated strategies on BNB Chain [2]

Tokenized Money Market Fund - BlackRock's BUIDL tokenized money market fund token 以 1 美元的价格交易 [1] - 该基金规模为 25 亿美元 [1] - 该基金由 T-bills（美国国库券）和短期资产支持 [1] Cryptocurrency Exchange - Binance 接受 BlackRock 的 BUIDL 作为抵押品 [1]

RWA Tokenization - DMZ Finance officially launched QCDT, the first tokenized money market fund in Dubai @DIFC [1] - QCDT is debuting on @BNBCHAIN [1] - QCDT is powered by Qatar National Bank, Standard Chartered Bank, and DMZ's RWA infrastructure [1] - QCDT is positioned alongside leading tokenized MMFs such as BUIDL [1]

Asset Management - Fidelity's tokenized money market fund on Ethereum exceeds $230 million in AUM [1] - Fidelity, a private company, manages approximately $6.4 trillion in assets [1]

Key Developments - AlloyX launches RYT tokenized money market fund on Polygon [1] - Standard Chartered Bank provides custody for the RYT fund [1]

Collateral Integration - Aave's Horizon RWA market now accepts USYC from Circle as collateral [1] - USYC is a tokenized money market fund providing yield-bearing collateral with near-instant redemptions [1] Tokenized Assets - USYC offers yield-bearing collateral [1] Market Dynamics - The integration expands collateral options on Aave's Horizon RWA market [1]