On November 20, according to data from RWA.xyz, the total on-chain supply of Circle's interest-bearing stablecoin USYC has exceeded $1 billion, of which more than $900 million is deployed on the BNB Chain.
This growth reflects the increasing number of global institutions deploying on-chain assets on BNB Chain as core infrastructure. Over the past year, several institutions have launched tokenized products on BNB Chain, including:
• BlackRock: Its BUIDL fund is tokenized by Securitize and has been accepted as collateral by several mainstream institutions.
• Ondo: Launches 100 tokenized US stocks and ETFs
• CMB International: Puts $3.8 billion in money market funds on the blockchain
• Franklin Templeton: Expanding his Benji platform to BNB Chain
• Securitize × VanEck: Launching VBILL, which provides exposure to U.S. Treasury bonds.
