Circle Intends to Bring Hashnote TMMF Under Existing DABA License

Circle Plans to Bring $1B Tokenized Treasury Issuer Hashnote Under Bermuda License

The stablecoin issuer acquired Hashnote earlier this year with plans to expand its USYC token as collateral option for institutional investors.

Circle Intends to Bring Hashnote TMMF Under Existing DABA License

HAMILTON, Bermuda--(BUSINESS WIRE)--Mar 13, 2025-

Circle To Bring Hashnote Tokenized Money Market Fund Under Bermuda Oversight

Circle plans to integrate its $1B USYC fund using USDC under Bermuda’s regulatory structure. The USYC tokens from Hashnote function as the main earning assets for crypto exchanges and brokers. The digital asset regulations established by Bermuda enable Circle to advance its tokenized finance projects. Circle Internet Group disclosed plans to submit their USDC stablecoin-issuing company under Bermuda Monetary Authority (BMA) oversight for Hashnot…

Circle se propone incluir Hashnote TMMF en su licencia DABA actual

Los planes aprovechan la licencia histórica y abarcativa que recibió Circle por parte de la Autoridad Monetaria de Bermudas HAMILTON, Bermudas–(BUSINESS WIRE)–Circle Internet Group, Inc., empresa mundial de tecnología financiera y líder en el mercado de las stablecoin, fue la primera empresa del mercado de las criptomonedas en recibir una licencia integral de la autoridad monetaria de Bermudas (Bermuda Monetary Authority, BMA) en septiembre de 2…

Circle plans to bring $900M money market fund under DABA license

Circle, the creator of stablecoin USDC (USDC), announced on March 13 plans to bring its Hashnote Tokenized Money Market Fund (TMMF) under Bermuda regulatory oversight through the company’s existing Digital Assets Business Act (DABA) license.Hashnote, which Circle acquired in January 2025, is the issuer of USDY, the largest tokenized treasury and money market fund with a total value locked (TVL) of $900 million, according to DefiLlama. The fund’s…

Circle to expand tokenized money market operations in Bermuda

Circle Internet Group is expanding its tokenized financial services in Bermuda.  The company will bring the Hashnote Tokenized Money Market Fund under its existing Digital Assets Business Act license with the Bermuda Monetary Authority, according to a company press release.…