Circle's USYC, a tokenized U.S. Treasury money market fund, has expanded to the Solana blockchain, becoming the fifth largest asset in the rapidly growing $8 billion tokenized treasury sector. USYC offers real-time redemption into USDC and serves as margin collateral and a yield-bearing asset in DeFi, targeting non-U.S. institutional investors passing KYC. Bitlet.app users can benefit from integrating USYC via its secure cryptocurrency services.
Explore the latest IPO and fundraising developments of major crypto players like Kraken, Gemini, Ripple, and Circle as of early 2025. Learn how these companies are navigating legal battles, market challenges, and strategic moves towards public offerings. Plus, discover how Bitlet.app makes investing in crypto easier with flexible installment options.