Circle plans to incorporate Hashnote under the existing Bermuda DABA license
USDC stablecoin issuer Circle plans to bring its recently acquired Hashnote tokenized money market fund under the regulatory scope of Bermuda, and incorporate it into Circle's existing Digital Asset Business Act (DABA) license.
According to data from rwa.xyz, Hashnote has issued one of the largest tokenized money market funds, USYC, managing nearly $1 billion in assets.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: 9.0018 million TRX transferred from FarFuture to a certain exchange, worth approximately $2.56 million
Data: Multiple tokens experience a surge followed by a pullback, RED drops over 27% in 24 hours
US CFTC approves regulated platform to offer spot digital asset products, Bitnomial to launch leveraged spot market
Trending news
MoreCrypto prices
More
