Big news in the world of cryptocurrency! Circle, a company that makes USDC (a type of digital money that's always worth about $1), is making things even better. They bought a fund called Hashnote, which holds almost $1 billion in digital money. This will make it easier to move money around.
- Circle is bringing Hashnote under Bermuda's rules.
- Hashnote uses USYC, a special kind of digital money that earns interest.
- This will let people easily switch between USDC and USYC.
- It should make USYC more popular on trading sites.
Fact | Number |
---|---|
USDC value (approx.) | $1 |
Hashnote fund assets | $1 billion |
Circle's USDC | $58 billion |