PANews
PANews|Oct 01, 2025 13:32
[Circle's Tokenized Money Market Fund USYC Launches on Solana Network, Exclusively for Non-U.S. Institutional Investors] According to the official blog, Circle has announced that its tokenized money market fund, USYC, is now available on the Solana blockchain. USYC is a tokenized fund share launched by Circle, representing ownership in a short-term U.S. government money market fund and providing returns from the underlying assets. The official statement emphasizes that USYC is only available to qualified non-U.S. institutional investors who have completed KYC/AML procedures and passed wallet whitelist verification, making it a permissioned token. On Solana, USYC can be used as an interest-bearing asset in lending protocols, as margin collateral in perpetual DEXs, or deployed into automated yield vaults. In addition to Solana, USYC has previously supported networks such as Base, Ethereum, and NEAR.
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