【Hashnote's US Treasury Token USYC Market Cap Exceeds $1.2 Billion, Surpassing BlackRock's BUIDL】 According to a report by Jinse Finance, data from rwa.xyz shows that the market cap of Hashnote's US Treasury token USYC has soared to over $1.2 billion, growing fivefold in the past three months. It has surpassed the asset management giant BlackRock's BUIDL (with a market cap of $450 million), which has been the largest tokenized US Treasury product since April. Most of USYC's growth is attributed to the rapid rise of the DeFi protocol Usual and its stablecoin USD0, with USYC being the main supporting asset. USD0 is currently primarily backed by USYC, but the protocol aims to add more RWAs to its reserves in the future. It recently announced the addition of Ethena's USDtb stablecoin, which is built on top of BUIDL.