Yield and liquidity built for always-on markets
Access institutional yield on short-term US Treasury bills without sacrificing liquidity. USYC supports near-instant settlement and use as collateral across 24/7 trading workflows.
USYC Price
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Institutional access without large upfront commitments
USYC offers yield-bearing exposure with a $100,000 minimum, allowing firms to stay agile while deploying capital efficiently.
USYC now automatically waives subscription and redemption fees on the first $1M of combined daily volume for eligible investors on Ethereum and Solana.
Why USYC?
24/7 access
By bringing assets onchain, USYC delivers around-the-clock access to capital — free from banking delays, cut-off times, and trading windows.
Near-instant redemptions
USYC can be redeemed into USDC in near real time up to the instant-redemption capacity, with optional access to additional immediate liquidity.
Simplified yield
USYC yield accrues automatically through a rising token price, with no staking, claiming, or added operational complexity.
Seamless integrations
A single API connects USYC and USDC, enabling efficient movement between yield-bearing capital and liquid cash across onchain workflows.
Margin utility for trading
Use USYC as yield-bearing margin or cross-margin collateral on supported exchanges and lending desks, keeping capital productive while securing positions.
Lower barrier to entry
USYC automatically waives subscription and redemption fees on the first $1M of combined daily volume for eligible investors on Ethereum and Solana.
What is USYC?
USYC1 is a tokenized money market fund designed to provide institutional-grade, yield-bearing collateral with near-instant liquidity onchain
Traditional money market funds offer exposure to low-risk, yield-bearing assets such as US Treasury bills, but they operate within traditional banking hours and settlement cycles. These constraints limit liquidity and flexibility in an always-on, global market environment. USYC is designed to support continuous access and onchain settlement, setting a new standard for institutional cash and collateral management.
Onchain fund structure
USYC is the onchain representation of the Hashnote International Short Duration Yield Fund Ltd., which invests in US Treasury bills and reverse repurchase agreements backed by short-term US government securities. Issuing the fund onchain enables faster settlement, composability, and integration across supported blockchain networks.
Automated and programmable workflows
USYC supports automated interactions through smart contracts, allowing institutions to streamline subscriptions, redemptions, and fund flows as part of broader onchain trading, treasury, and settlement workflows.
Onchain transparency and auditability
USYC activity is visible onchain, enabling real-time tracking, verification, and reporting. This transparency supports operational oversight, auditability, and risk management for institutional participants.

Supporting a range of global industries


Key facts2
USYC technical documentation
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FAQs
As ações do Fundo e da USYC estão disponíveis apenas para pessoas fora dos EUA. Pessoas, conforme definido na Lei de Valores Mobiliários de 1933, conforme alterada. Restrições adicionais de elegibilidade podem ser aplicadas. Para obter detalhes adicionais ou solicitar a documentação do Fundo, entre em contato [email protected].
Todas as transações estão em USDC.
Assine a qualquer momento, em qualquer tamanho, com liquidação quase instantânea na cadeia.
Resgates abaixo da capacidade de resgate instantâneo1 estabeleça em um tempo de bloqueio, que varia de acordo com a blockchain.
Os resgates acima da capacidade de resgate instantâneo são fixados em T+0 ou T+1.
Sim, preencha o formulário “Entre em contato” e um representante da Circle entrará em contato.
A USYC investe em títulos do governo dos EUA de curto prazo e alta qualidade e em recompra reversa.
Cada token USYC serve como uma representação digital de uma ação do Hashnote International Short Duration Fund Ltd. (o “Fundo”), um fundo mútuo registrado nas Ilhas Cayman. O Fundo nomeou a Circle International Bermuda Limited (“CIBL”), uma empresa de ativos digitais licenciada pela Autoridade Monetária das Bermudas, como administradora de tokens, responsável pela gestão da USYC em nome do Fundo.
As ações do Fundo e da USYC estão disponíveis apenas para pessoas fora dos EUA. Pessoas, conforme definido na Lei de Valores Mobiliários de 1933, conforme alterada.
O saldo, o rendimento e o preço do token USYC são transmitidos para um feed de oráculo transparente. Os detalhes do contrato ERC-20 são verificados no Etherscan. Os detalhes do token SPL-22 são encontrados no Solscan.
- USYC is a digital asset token. Each USYC token serves as a digital representation of a share of the Hashnote International Short Duration Fund Ltd. (the “Fund”), a Cayman Islands registered mutual fund. The Fund has appointed Circle International Bermuda Limited (“CIBL”), a Bermuda Monetary Authority licensed digital asset business, as its token administrator, responsible for the management of USYC on behalf of the Fund.
- Private Liquidity in larger amounts available. Contact your Circle Representative for details.
- Redemptions above this threshold are settled T+0 or T+1. Unlimited instant redemptions are available for a fee.
Shares of the Fund and USYC are only available to non-U.S. Persons, as defined under the Securities Act of 1933, as amended. Additional eligibility restrictions may apply. For additional details or to request Fund documentation, please contact [email protected].
