U Power announced the successful issuance of UCAR on the BNB blockchain via the RWA infrastructure platform PicWe on January 20, 2026. According to U Power's official website, the issuance of RWA will primarily be used for the continued construction of new energy infrastructure, operational expansion, and the upgrading of the global business settlement system, accelerating the integration of the company's real-world business with the on-chain financial system. As of press time, the on-chain circulating market capitalization of UCAR tokens has exceeded $7 million, and the price of UCAR tokens has increased by 68% in 12 hours.