About Circle USYC
Circle USYC (USYC) is a tokenized representation of a short-duration US Treasury money-market portfolio, originally launched by Hashnote and integrated into Circle's product suite following Circle's 2025 acquisition of Hashnote. USYC is designed for institutional and qualified investors who want on-chain exposure to US Treasury yield in a transferable, programmable, and 24/7-settling form.
USYC tokens represent ownership in a fund that holds short-dated US Treasury securities and reverse-repo positions. Net-asset-value-style accrual is reflected through the relationship between USYC and the underlying portfolio, with subscriptions and redemptions handled through the issuer's whitelisted onboarding process. The token operates within a permissioned framework where transfers are restricted to KYC-verified investors that meet eligibility requirements.
USYC is part of the broader category of tokenized Treasuries that bring traditional cash-management products on-chain alongside funds from BlackRock, Franklin Templeton, Ondo, and others. Within Circle's stack, USYC is positioned alongside USDC and EURC as a yield-bearing complement, and is supported by tooling for institutional custody, transfer, and reporting.
Crypto Market Watch tracks the live Circle USYC price ranked #36 by market capitalisation, 24-hour and 7-day price changes, market capitalisation, trading volume, circulating supply, and all-time highs and lows on this page. Data refreshes continuously throughout the trading day so investors can monitor USYC market activity in real time.