Hashnote USYC
usyc
Hashnote USYC
Hashnote USYC
usyc
Mcap$2.37B$1.14--
Stale Markets
Low Volume
Stale Markets
Low Volume
usyc Metrics
Spot Volume (24H)
-
Marketcap
$2.37B
FDV
$2.37B
Mindshare
Very Low
Circ. Supply
2.1B
Max Supply
-
Mcap/FDV
100%
Total Supply
2.1B
Sector Ranking
-
usyc Performance
All Time High
$1.14-0.12%
Oct 16, 2026
Cycle Low
$1.14
Oct 28, 2026
Trending
usyc Metrics
Spot Volume (24H)
-
Marketcap
$2.37B
Mindshare
Very Low
Last Updated: Oct-29-2026 11:05 UTC
Hashnote USYC Project Update
Get Caught Up
USYC Goes Live on BNB Chain
Circle announced that USYC is now available on BNB Chain to eligible users who meet requirements and complete the onboarding process, which includes KYC/AML verification 1. The launch makes the yield-bearing tokenized fund accessible within one of the most active DeFi environments, where it can serve as regulated collateral for lending, margin, and vault strategies 2. The fund invests in U.S. Treasuries and reverse repos, offering yield through price appreciation rather than a separate distribution, and targets non-U.S. institutional investors 2.
USYC Surpasses $900 Million in Supply on BNB Chain
Within the same week as the BNB Chain launch, USYC surpassed $900 million in total supply on the chain, according to the BNB Chain Weekly Ecosystem Report for November 13–19 3. This rapid accumulation underscores strong institutional demand for yield-bearing collateral in the BNB Chain ecosystem 3. The broader fund's assets under management were reported at $1.07 billion as of November 19, slightly below the $1.2 billion figure shown on the product dashboard 2.
Circle's Broader USYC Distribution Push
The BNB Chain deployment is part of a wider effort to embed USYC across Circle's product ecosystem following its January 2025 acquisition of Hashnote 2. USYC was also made available on Solana, where it can be redeemed to and from USDC in real time 4. These multi-chain expansions position USYC as a core piece of Circle's strategy to bridge traditional money market yields with onchain collateral use cases 24.
Biggest Stories of 2025
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USYC became available on Solana, where it can be redeemed to and from USDC in real time, extending the fund's reach to another major DeFi ecosystem (October 1, 2025) 4.
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Circle announced plans to issue USYC natively on BNB Chain as part of a broader partnership with Binance, in which USYC would be supported as off-exchange collateral for institutional clients, though no exact timeline was provided at the time (July 24, 2025) 5.
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Circle signed an MOU with Intercontinental Exchange (ICE), the parent company of the NYSE, to explore using USDC and USYC to develop new products and solutions for ICE's customers (March 27, 2025) 6.
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BounceBit announced an integration with Hashnote to incorporate USYC into its ecosystem, aiming to facilitate real-world asset collateralization for centralized exchange trading on Deribit and provide regulated DeFi access for traditional finance participants (February 1, 2025) 7.
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Circle acquired Hashnote, the issuer of USYC, alongside a strategic partnership with global trading firm DRW; at the time, USYC was described as the largest tokenized treasury and money market fund in the world with $1.52 billion deployed as of January 15, 2025 (January 21, 2025) 8.
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Circle partnered with DRW, whose subsidiary Cumberland would expand its liquidity and settlement capabilities in USDC and USYC where permitted, following the Hashnote acquisition (January 21, 2025) 9.
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Circle shared plans to issue native USDC on Canton, where USYC is already supported, with the integration expected to enable convertibility between collateral and cash for use in onchain traditional finance markets (January 21, 2025) 10.
