In a recent update, Circle announced that its tokenized currency market fund, USYC, has been launched on the BNB Chain, expanding on-chain access for eligible developers and traders to participate in DeFi yield opportunities while maintaining Circle‘s governance and compliance standards.

This strategic deployment moves the fund onto a scalable, cross-chain ecosystem, allowing users to deploy USYC into compatible DeFi protocols and earn yield through regulated digital asset markets, with transparency and auditable liquidity terms.

Circle notes that this deployment is designed to broaden on-chain exposure to its tokenized currency market fund and to support liquidity across the BNB Chain ecosystem.