Circle USYC Becomes Top Tokenized Treasury Fund In 2026

Circle’s USYC has grown to $2.9B, overtaking BlackRock’s BUIDL to lead tokenized U.S. Treasuries. The overall market doubled to $15.2B amid rising institutional demand, positioning tokenized funds as regulated, 24/7 collateral alternatives to stablecoins in crypto and DeFi.
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