Circle believes it will be able to make USYC the ‘preferred’ yield bearing asset with crypto exchanges, custodians and prime brokers. Together they want to make it even more seamless to move between stablecoins and tokenized MMFs
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Stablecoin firm Circle buys largest tokenized MMF issuer, Hashnote
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Circle aims to position Hashnote’s US Yield Coin (USYC) as a preferred yield-bearing collateral on crypto exchanges, with custodians, and among prime brokers
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