Circle USYC
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.
Onboard with Circle as an eligible investor; not retail
Who may buy is set by the issuer — check their terms.
Where to buy USYC
Open in trader view →USYC is not listed on any exchange or DEX we can see. It is bought (subscribed) and redeemed directly with the issuer, Circle (Hashnote Intl. Short Duration Yield Fund) — see above.
USYC contract addresses
Checked on chain: contract code is present and its symbol and decimals match the listing. Use the address on the chain you buy on, and compare it with the issuer’s own documentation.
| ethereum | 0x136471a34f6ef19fe571effc1ca711fdb8e49f2b |
| binance-smart-chain | 0x8d0fa28f221eb5735bc71d3a0da67ee5bc821311 |
| solana | 7LWanZteUKtvFjv4MHYgKXXdAuCQYFPJysL9pxxdRQGn |
Candidates: CoinGecko · read on chain 2026-10-21 · for agents: MCP get_purchase_steps · how agents buy
How to exit USYC
Redeeming with the issuer: KYC required. Anyone who cannot redeem exits by selling on the market.
- Minimum
- not stated
- Fee
- not stated (docs say fees apply)
- Settlement
- T+0, atomic on-chain in USDC via the Teller contract
- Who may redeem
- entities that are not U.S. Persons (Regulation S) and have completed Circle investor onboarding
- Selling instead
- not stated
From issuer documentation · 2026-10-22 · exit costs compared
Key facts
- Yield / return
- ~3.17% (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
- 2026-10-18
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
Compare all providers by role →
Tokenized money market funds, compared →What kind of asset is this? All types explained →
What you actually own
Circle USYC · Issuer-tokenized
A share in a regulated fund
- Dividends
- Not confirmed
- Voting rights
- Not confirmed
- Corporate actions
- Not confirmed
- Redemption
- Not confirmed
- If the issuer fails
- Not confirmed
- Transfer
- Not confirmed
Who it is aimed at
Target / Area
Who can buy — as the issuer states it
Quoted from the sources linked, on the date shown. Terms change; the issuer has the final word (issuer documentation).
Questions about USYC and Tokenized Treasuries
- Which tokenized US Treasury pays the highest yield right now — and who is allowed to buy it?
- Can I buy tokenized Treasuries without KYC, straight from my own wallet on a DEX?
- How much money do I need to invest in tokenized Treasuries — is $100 enough?
- Which governments, cities and public agencies have issued digital or tokenized bonds?
Buying USYC: common questions
How do I buy USYC?
Onboard with Circle as an eligible investor; not retail. The token runs on Ethereum / Solana / Canton / Sui. Minimum: Institutional channels.
Where can I buy USYC?
USYC is not listed on any exchange or DEX we can see. It is bought (subscribed) and redeemed directly with the issuer, Circle (Hashnote Intl. Short Duration Yield Fund).
Who can buy USYC?
As Circle USYC states it: US, institutions: no (Non-US entities only); US, retail investors: no (Available only to entities that are not US persons (Regulation S)). The issuer has the final word; check its terms before buying.
Other Tokenized Treasuries from other issuers
113 more in this category, from other issuers.
Figures last verified against a live source on 2026-10-18. Yields are variable and not guaranteed. Not investment advice. © 2026 TokenBank — operated by NumericalsAI Inc. · JSON