Circle Internet Group, Inc. (NYSE: CRCL) today announced a new collaboration with the digital exchange of Binance assets.
Together, the cycle and binance accelerate support to respond to the growing demand for real world assets between Binance’s institutional customers.
As part of this effort, Binance’s institutional customers can now keep Circle’s USYC-one of the money market funds (TMMF)-and use it as out-of-exchange insurance for productive transactions, unlocking more opportunities for performance in a way that is transformed after traditional financial market practices.
The USYC will be maintained with supportive banks through Binance Banking Triparty, or CEFFU, Binance’s institutional partner. In addition, USYC will be inherently issued in the BNB chain, allowing USYC users to explore the world of Onchain more seamlessly and the potential of traditional assets.
This partnership comes in the midst of increasing demand in the wider market for the interests of US balances, which almost doubled since the beginning of 2025. USYC offers almost a stable nose with USDC. This enhances the capital performance for USYC users, who can now move in cash and treasures in almost real time.
“USYC’s integration with Binance unlocks new opportunities for the efficiency of institutional capital,” said Kash Razzaghi, a lead businessman at Circle. “Its almost static redemption in USDC makes it obvious for modern use of side use in digital markets.”
Catherine Chen, head of Binance VIP & Institutional, added: “We are committed to building safe, accessible and efficient institutions.