Coin World News - On March 13, Circle officially announced that its tokenized money market fund USYC has surpassed $2 billion in scale, becoming the world's largest tokenized money market fund. This milestone clearly demonstrates that on-chain cash and collateral are being increasingly widely adopted in global markets. USYC is Circle's product that tokenizes traditional money market funds through blockchain technology, allowing institutional investors to hold, trade, and manage yield-bearing assets on-chain. The fund primarily invests in short-term U.S. Treasury bills and repurchase agreements backed by U.S. government securities.