<ul><li>Circle plans to submit its USDC stablecoin-issuing company under Bermuda's regulatory oversight for the Hashnote Tokenized Money Market Fund (TMMF).</li><li>Hashnote, owned by Circle, is the largest tokenized treasury and money market fund worldwide, holding close to $1 billion in assets.</li><li>Bermuda's Digital Assets Business Act provides a well-regulated framework, making it an ideal location for Circle's operations.</li><li>Circle aims to establish USYC as the favored yield-bearing collateral on global crypto exchanges, increasing its liquidity and access to yield-bearing assets.</li></ul>

Circle to Bring Hashnote Tokenized Money Market Fund Under Bermuda Oversight

Discover more