BNB Chain Leads Institutional Adoption: @Circle's USYC, a tokenized money market fund backed by US Treasuries, expanded to the BNB Chain in July. As of September, 73% of its $669 million market capitalization was concentrated on the BNB Chain. This makes us the world's largest platform for USYC. Tokenized Gold Liquidity Leadership: Matrixdock's XAUm demonstrates the burgeoning growth of risk-weighted assets (RWAs) in DeFi. Of the $22 million in gold-backed trades last year, $21 million took place on @PancakeSwap (BNB Chain). BNB Chain is the network where tokenized gold actually circulates. Serving Both Sides of the Market BNB Chain is unique in that it supports RWAs for the following institutions: 🔸 Institutional → USYC is used as collateral by @Binance's institutional clients, particularly in derivatives trading. 🔸 Retail and DeFi → XAUm is actively traded on @PancakeSwap with strong liquidity. More risk-on assets (RWAs) are coming to the BNB chain. It's not just gold and US Treasuries. Reports show: 🔸 Tokenized equities from @OndoFinance Global Markets and @BackedFi are expanding to the BNB chain. 🔸 The BNB chain will be home to the next wave of risk-on assets (RWAs). Read more in our complete overview of the risk-on asset (RWA) landscape:
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