š Big moves in the tokenized Treasuries market! Hashnote's USYC token has surged to a $1.2 billion market cap, overtaking BlackRock's BUIDL. This growth highlights the power of linking tokenized products with DeFi applications, offering investors yield-generating stablecoins.
- USYC's rise is fueled by the DeFi protocol Usual and its stablecoin USD0, which redistributes revenue to holders.
- Usual's recent governance token airdrop and Binance listing spurred further growth.
What do you think about the future of tokenized assets in DeFi? Share your thoughts below! š¬