Circle Internet Group Inc. has announced a new partnership with Binance, the world-leading blockchain ecosystem and digital asset exchange. This collaboration aims to meet the growing demand for tokenized Real-World Assets among Binance's institutional clients by integrating Circle's USYC as yield-bearing off-exchange collateral. The integration allows for trading collateral backed by tokenized interests in U.S. Treasuries, with near-instant redemption into USDC, enhancing capital efficiency in digital markets. Binance institutional customers can now hold USYC and use it as collateral for derivatives trades, leveraging practices from traditional financial markets. This partnership reflects the increasing market demand for tokenized interests in US Treasuries, which have nearly doubled since early 2025.