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Circle's USYC Hits $30 Billion in Assets, Becomes World's Largest Tokenized Money Market Fund on May 7

Project Progress Rankings & Leaderboards

2026-05-06 16:53:37

According to BlockBeats, Circle's USYC reached $30 billion in assets under management on May 7, becoming the world's largest tokenized money market fund. USYC tokenizes traditional money market funds on-chain, allowing institutional investors to hold, trade, and manage yield-bearing assets. The fund primarily invests in short-term U.S. Treasury securities and government-backed repo agreements.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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