Circle’s USYC Becomes Largest TMMF at $1.7 Billion

Circle’s USYC has surpassed Securitize’s BUIDL to become the largest tokenized money market fund (TMMF), reaching a valuation of $1.7 billion, according to data from Token Terminal. This milestone highlights the growing interest and investment in tokenized financial products, with USYC now leading the market in terms of size and influence.