Circle Boosts USDC Adoption With Hashnote Buy and Tokenized Fund Integration

Quick Summary:

Circle, the global financial technology firm and issuer of the $48 billion USDC stablecoin, has announced its acquisition of Hashnote, a leading issuer of tokenized real-world assets.

Hashnote is the creator of USYC, a tokenized money market fund with over $1.3 billion in assets.

Additionally, Circle will deploy USDC on the Canton Network, a blockchain designed for real-world asset transactions.

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Article Details

Author / Journalist: Ronny Mugendi

Category: Crypto

Markets: IndiaSwitzerland

Topics: Stablecoins Stablecoin News Real World Assets 24/7 Cryptocurrency News Circle USDC

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-21 @ 16:48:54 (18 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 459 words

Reading Time: 3 minutes read

Sentences: 33 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 25326171

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Official Website: coingape.com

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News Last Updated: 8 hours ago

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