Hashnote’s USYC Now Live on Deribit

In today’s digital asset space, stable value and liquidity have become essential for traders and investors alike. Hashnote’s US Yield Coin (USYC) brings something new to the table, offering not only stability but also a daily disbursed yield—setting it apart from traditional stablecoins. USYC, now live on Deribit and poised to make a broader impact, stands as a game-changer for those looking to optimize their cash management strategies in the evolving world of decentralized finance (DeFi).

A Unique Combination of Stability and Yield

What makes USYC different? Unlike most stablecoins, which maintain their value through U.S. Treasury backing but often provide no direct return to holders, USYC offers both stability and a consistent yield. USYC is backed by reverse repurchase agreements on short-term U.S. GovernmentU.S.Goverment Securities Treasury Bills, making it as secure and stable as a typical stablecoin. However, USYC takes this one step further by disbursing interest to its holders daily—something rare in the current market.

This dual benefit of stability and yield makes USYC an attractive alternative for investors seeking more than just price stability. In contrast to other stable digital assets that may sit idle without accruing any returns, USYC offers an efficient way to manage cash by continuously earning yield for its holders.

Efficiency in Cash Management

For many investors, holding digital assets as collateral or simply parking funds in stablecoins is common practice. However, most stablecoins, despite being backed by U.S. Treasuries, do not return the interest earned on those Treasuries to holders. This is where USYC shines—by distributing the yield directly to its holders daily, allowing investors to enhance the overall efficiency of their capital.

Imagine a cash management tool that not only holds its value but also works for you continuously. USYC enables that by disbursing the interest earned from its U.S. Treasury-backed holdings, making it far more effective for capital management than the traditional stablecoin options, which generally do not provide this benefit.

Simple Minting and Redemption

USYC’s user-friendly minting and redemption process ensures that investors can easily access liquidity when needed. USYC can be minted or redeemed in USDC or PYUSD, with settlement times as fast as T+0 or T+1, depending on market hours. Hashnote’s Smart Contract Teller provides 24/7 self-service access, giving users flexibility to manage their liquidity efficiently. This ease of access, coupled with daily yield, offers an unparalleled combination of flexibility and return.

Key Features of USYC

• Collateral Stability: USYC is backed by reverse repurchase agreements on short-term U.S. Treasury Bills, offering minimal market risk and consistent value.
• Daily Yield Disbursement: Unlike typical stablecoins, USYC disburses yield daily to holders, making it a highly efficient tool for managing capital.
• Flexible Liquidity: USYC can be minted and redeemed quickly, ensuring fast access to liquidity.
• Security and Transparency: Hashnote operates under regulatory oversight from the Commodity Futures Trading Commission (CFTC) and the Cayman Islands Monetary Authority (CIMA). Daily Oracle updates ensure full transparency of token prices and asset values.

A New Standard for Digital Asset Management

USYC offers a compelling solution for investors and traders seeking both stability and consistent returns. As more users explore efficient ways to manage their cash in digital form, USYC’s combination of low volatility and yield generation sets a new standard in the market. In a world where many stablecoins hold value but offer no yield, USYC’s daily payout model provides a clear advantage.

For investors looking to maximize the efficiency of their capital, USYC delivers the ideal blend of safety and return. By turning a passive asset into one that generates ongoing income, it redefines what it means to hold a stable, value-backed digital asset.