The partnership focuses on Circle’s USDC, a $60 billion stablecoin backed 1:1 by US dollars and US Yield Coin (USYC), a tokenized money market asset backed by US Treasury bills

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USYC is a money market fund token issued by Hashnote, which was acquired by Circle earlier this year

The collaboration aims to leverage Circle’s $60 billion market-cap stablecoin, USDC—a digital dollar pegged 1:1 to the U.S. dollar—and its tokenized money market product, US Yield Coin (USYC), across ICE’s derivatives exchanges, clearinghouses, and data services

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