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

Event date

Jan 21, 2025 - 12:00am

Quotes that support claims

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

In a Jan. 21 announcement, Circle said the deal “will enable USYC to emerge as a preferred form of yield-bearing collateral on crypto exchanges, and also with custodians and prime brokers