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Circle Subsidiary Hashnote Launches Yield-Bearing USYC on BNB Chain
Yahoo Finance· 2025-11-19 19:58
Hashnote, the institutional asset management subsidiary of Circle, has deployed its USYC tokenized money market fund on BNB Chain on Nov. 19. The launch enables investors to utilize the yield-bearing asset as collateral within the network’s decentralized finance protocols. The expansion brings USYC to the BNB Chain ecosystem, which allows eligible non-US institutional investors to subscribe to the fund or redeem shares for USDC in near real-time. Circle acquired Hashnote in January 2025 to integrate USYC ...