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Binance Expands Institutional OTC Settlement with USYC and cUSDO as Collateral

On July 24, Binance announced the expansion of its institutional over-the-counter (OTC) settlement service, integrating two new tokenized real-world assets (RWA) as eligible collateral: USYC and cUSDO. This development allows institutional investors to leverage these yield-generating tokenized stablecoins within Binance’s ecosystem, enhancing capital utilization. The platform supports custody through Banking Triparty and MirrorRSV, enabling secure off-exchange asset management while facilitating seamless trading on Binance. This strategic move underscores Binance’s commitment to providing robust, compliant solutions tailored for institutional market participants seeking optimized liquidity and risk management in the evolving digital asset landscape.

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