Happy Friday! Binance Bytes is an initiative by the Research team to provide a quick round-up of the week.
Highlights 🧵:
1/ Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, has partnered with Circle Internet Financial to explore integrating USDC stablecoin and USYC, a tokenized money market fund, into traditional financial markets. The collaboration will assess potential applications across ICE’s derivatives exchanges, clearinghouses, and market data services, reflecting a growing institutional interest in blockchain-based financial instruments.
2/ World Liberty Financial, a crypto venture backed by U.S. President Donald Trump, has launched a stablecoin named USD1 on BNB Chain and Ethereum with a total supply exceeding $3.5M. The launch comes as the U.S. Senate considers the GENIUS Act, a bill focused on stablecoin regulation, which could reach Trump’s desk by June.
3/ BNB Chain has introduced a US$100M liquidity program to encourage the listing of its native projects on major centralized exchanges, offering incentives primarily in BNB tokens. The program, running for an initial three-month trial, requires projects to have at least a US$5M market cap and US$1M in daily trading volume, with top rewards of US$500K in liquidity for listings on major platforms like Binance and Coinbase.
