According to data from rwa.xyz, the market value of the USYC token from asset management company Hashnote has increased fivefold in the past three months, surpassing $1.2 billion, becoming the largest tokenized U.S. Treasury product, outpacing BlackRock and Securitize's BUIDL. This growth is primarily attributed to the rapid rise of the decentralized finance protocol Usual and its supported stablecoin USD0, with USYC being the main supported asset. Additionally, the Usual protocol has attracted a large number of investors by redistributing earnings and protocol ownership to users, driving its rapid growth. (CoinDesk)