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Circle’s USYC fund jumps to $2.68B AUM, driven by Binance Chain and rising stablecoin inflows

Protocol Fundamentals
07 Apr 2026
AMBCrypto
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Bullish
pluang ai news

Circle’s USYC, a Tokenized Money Market Fund, surged from $150 million to $2.68 billion in Assets Under Management within five months, becoming the second-largest fund of its kind. This growth was largely fueled by the expansion onto Binance’s BNB Chain, which holds about 95% of USYC’s assets, and a significant increase in Binance stablecoin reserves to $45.5 billion. The fund’s net yield also rose by 3.18%, and Circle’s USDC transactions have outpaced Tether’s USDT since early 2026. These trends highlight growing institutional demand for accessible, on-chain yield products and signal strong momentum for Circle’s offerings going forward.

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