DOVER, Del.–(BUSINESS WIRE)–Copper, a leading institutional digital asset infrastructure provider, has joined forces with Hashnote, the on-chain first digital asset manager, built with the support of Cumberland and DRW. Copper will be providing custody support for Hashnote’s USYC on the Copper platform.
USYC, Hashnote’s tokenized yield-bearing asset, is an innovative financial vehicle that invests in short-term U.S. Treasury Bills and primarily engages in repo-reverse repo activities. It is designed to offer tokenized short-term risk-free rate returns, leveraging the benefits of rapid on-chain transaction speed, transparency, and composability. This approach eliminates the majority of protocol, custody, regulatory, and credit risks typically associated with other token projects.
This collaboration empowers users to transform their stablecoins at rest into yield-generating assets without taking on any additional risks. With near-instant minting and redeeming (T+0 to T+1) into USD
We współpracy z: https://www.crypto-reporter.com/newsfeed/copper-integrates-hashnotes-usyc-on-the-copper-platform-for-custody-55615/
