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Yield-bearing stablecoin · Hashnote

USYCHashnote US Yield Coin

Yield-bearing collateral token used extensively by trading venues as cash-equivalent margin. Backed by short-term Treasuries.

AComposite rating

7-day yield

5.14%

AUM

$1.10B

AUM 30d change

+$95.0M

Holders on-chain

142

Overview

Asset classYield-bearing stablecoin
JurisdictionCayman Islands
Inception1 Sept 2023
Regulatory wrapperCayman SIBA
KYC requiredYes

Economics

7-day yield5.14%
30-day yield5.12%
Since inception5.02%
Expense ratio10 bps
Yield methodologyAPY (accrued)
DistributionContinuous

Scale

AUM$1.10B
AUM 30d change+$95.0M
Holders (on-chain)142
Top 10 concentration81%

Liquidity

RedemptionT+0 (collateral)
Min subscription$100,000
Secondary marketLimited
Avg daily volume$3.4M

Transparency

Reserve attestationDaily ●
Last attestation30m ago
Audit firmBDO
Smart contract auditTrail of Bits

Ratings

CustodyA
AttestationA+
LiquidityB+
Smart contractA
CompositeA

Chain coverage

Ethereumprimary

Primary contract: 0x136471a34f6ef19fE571EFFC1CA711fdb8E49f2b

Updated 10m ago · From 17 sources · Methodology