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Circle becomes largest issuer of tokenized US Treasuries at $3B
Circle's USYC tokenized Treasury fund hits $3B in AUM, surpassing BlackRock's BUIDL at $2.7B to become the largest onchain Treasury product.
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Timeline cronologica
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Circle's USDC adds $8B in market cap over the past year
Circle's USDC added roughly $8B in market cap over the past year, hitting ~$72B as the stablecoin outpaces Tether's growth rate and lands a NYDFS
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Circle becomes largest issuer of tokenized US Treasuries at $3B
Circle's USYC tokenized Treasury fund hits $3B in AUM, surpassing BlackRock's BUIDL at $2.7B to become the largest onchain Treasury product.