News Explorer — Circle Acquires Hashnote and its USYC Fund, Taps Cumberland to Expand RWA Efforts

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Jan 22, 6:23 am

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Circle Acquires Hashnote and its USYC Fund, Taps Cumberland to Expand RWA Efforts

Circle has acquired Hashnote, taking control of the USYC tokenized money market fund worth over $1.25 billion. Partnering with Cumberland, Circle aims to boost USDC and USYC adoption in both crypto and traditional markets, offering yield-bearing collateral opportunities.

Circle has acquired Hashnote, taking control of the USYC tokenized money market fund worth over $1.25 billion. Partnering with Cumberland, Circle aims to boost USDC and USYC adoption in both crypto and traditional markets, offering yield-bearing collateral opportunities.

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