TownSquare @ TownSquarexyz has completed a new round of Pre-A financing, with a total funding amount of $16.25 million. Participating institutions include: World Liberty Financial Ecological Fund, OKX Ventures, Amber Group, Animoca Ventures, Bixin Ventures, etc. Stablecoins, trading, RWA, and public chain ecosystems collaborate to simultaneously bet on one direction, the on chain infrastructure for institutional returns. The core product logic of TownSquare is to upgrade USD1 from a payment tool to a revenue asset. Payment tools earn channel fees, while capital earns the difference in returns. TownSquare's approach is: USD1 Yield Vault+institutional oriented revolving lending structure+cross chain liquidity routing, in conjunction with the announced USD1 billion liquidity plan. There is both capital injection and liquidity commitment, forming a closed loop. Money is not static in an account, it flows and earns interest through various profit strategies. Institutions do not lack assets, what they lack is compliant on chain revenue exports. The interest bearing warehouses that TownSquare has implemented on high-performance chains such as Monad and BNB Chain are essentially building this exit. From the data, the total supply of stablecoins in the market has exceeded 315 billion US dollars this year, with USD1 growing from zero to~5.4 billion within three months. The demand for stablecoin allocation by institutions is real. The position of the TownSquare card turns institutional stablecoins into interest bearing assets, and logically there is no shortage of demand, which is why so many people place bets