Circle Acquires USYC Publisher Hashnote
2025-01-21 23:38:25
Circle acquired USYC issuer Hashnote for a total market capitalization of $1.30 billion. Circle also announced an agreement with DRW-owned cryptocurrency trading firm and market maker Cumberland to provide liquidity and facilitate settlement for USDC and USYC. The partnership aims to expand USYC as a form of collateral for exchanges and custody platforms.
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