Circle Expands Crypto Footprint with USYC Launch on Solana Blockchain

TLDR: Circle’s USYC tokenized fund is now live on Solana, offering institutions yield-accruing shares backed by U.S. government assets. USYC accrues yield via token price growth and can redeem directly to USDC for approved non-U.S. institutional investors. Circle confirmed Solana integration enables USYC to be used as collateral in lending, trading, and automated yield vaults. [...]

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