Circle's USYC approved as collateral for institutional clients on Binance

Binance will begin accepting Circle’s yield-sharing stablecoin USYC as collateral for institutional clients, according to an announcement made on Thursday by its issuer and Circle Internet Group. Per Circle’s press statement, the integration will allow institutional clients to use both USYC and cUSDO as collateral through Binance Banking Triparty and via Binance’s institutional custody partner, […]

Source: cryptopolitan.com (Read Full Article)