Circle Acquires Hashnote: Strengthening USDC with Stablecoin Innovation and Growth
Circle has acquired Hashnote, the issuer of the USYC stablecoin, which is backed by Cumberland Labs. This acquisition enables Circle to integrate USYC with their USDC stablecoin, enhancing its use as yield-bearing collateral in crypto exchanges and with custodians. Circle’s CEO, Jeremy Allaire, emphasized that this move marks a significant step in the stablecoin Market, ...