Circle plans to bring Hashnote under existing Bermuda DABA license

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MarsBit
03-13
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According to the news from Mars Finance, Circle, the issuer of the USDC stablecoin, plans to bring the tokenized money market fund Hashnote, which it recently acquired, under the regulatory framework of Bermuda and include it in Circle's existing Digital Asset Business Act (DABA) license. According to data from rwa.xyz, Hashnote has issued one of the largest tokenized money market funds, USYC, which manages nearly $1 billion in assets.

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