Instruments · Tokenized Treasuries

Circle USYC

USYCTokenized Money Market FundLow
~3.28% (T-bill level)
Yield / return

Circle's tokenized money-market fund (ex-Hashnote): short-term US Treasuries and overnight reverse repos; the largest tokenized treasury product on-chain. Permissioned share of a Cayman fund — institutional distribution, with USDC redemption rails.

Who may buy it

Qualified/institutional investors only

Onboard with Circle as an eligible investor; not retail

Minimum Institutional channels · Self-custody (permissioned/whitelisted) · verify with the provider before acting

Key facts

Yield / return
~3.28% (T-bill level)
Risk
Low
Minimum
Institutional channels
Liquidity
Near-instant USDC redemption for eligible holders
Custody
Self-custody (permissioned/whitelisted)
KYC
Required
Figures verified
2026-08-25

Details

Issuer
Circle (Hashnote Intl. Short Duration Yield Fund)
Type
Tokenized Money Market Fund
Category
Tokenized Treasuries
Pillar
Fixed Income
Yield source
Short-term US Treasuries + reverse repos
Network
Ethereum / Solana / Canton / Sui
Jurisdiction
Cayman / USA (institutional)
AUM
~$3B

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Figures last verified against a live source on 2026-08-25. Yields are variable and not guaranteed. Not investment advice. © 2026 TokenBank — operated by NumericalsAI Inc. · JSON

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