Binance expands its offerings with new tokenized real-world assets USYC and cUSDO, aiming to enhance capital efficiency and attract institutional investors in the crypto market.
Binance has launched two new tokenized real-world asset options, USYC and cUSDO, for institutional investors to improve capital efficiency. These assets will facilitate off-exchange settlement services and offer yield-bearing stablecoin alternatives. The exchange aims to remove all service fees by the end of 2025 to encourage broader institutional participation in the crypto space.