Stablecoin event

Circle acquires Hashnote and the USYC tokenized fund business

Circle announced the acquisition of Hashnote and USYC, followed by integration of USYC under Circle International Bermuda's regulated token administration.

ImpactHigh
Detail kindGovernance Change
Sources3

Hashnote US Yield Coin

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Circle International Bermuda Limited

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Hashnote International Short Duration Yield Fund Ltd.

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Event details
Date2025-01-21
Event typeAcquired
Event detail kindGovernance Change
Stablecoin subjectsHashnote US Yield Coin
Organization subjectsCircle International Bermuda Limited, Hashnote International Short Duration Yield Fund Ltd.
ImpactHigh
Effect on stablecoin statusActive
Recovery / reversalNot applicable / unresolved
Recovery date
Cause or mechanismPublic information is incomplete.
Record confidenceHigh
Sources
SourcePublisherTypeEvidence scope
USYC overviewCircleOfficial DocumentationFund Share, Circle Bermuda Issuer, Cayman Fund, Usdc Subscription Redemption, Entity Issuer Fund and Redemption
USYC tokenized money market fundCircleOfficial WebsiteActive Product, Institutional Access, Minimum Investment, Fund Portfolio, Current Product and Eligibility
Circle announces acquisition of Hashnote and USYCCircleOfficial StatementAcquisition, Hashnote, Usyc Transition, Ownership and Operator Transition

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