Circle acquires Hashnote and the USYC tokenized fund business — Stablecoin Event

Identity and classification

Overview

Date, taxonomy, impact, recovery, mechanism, confidence, and evidence remain separate.

Date	2025-01-21
Public event category	Ownership change
Canonical event subtype	Acquired
Structured detail kind	Governance Change
Stablecoin subjects	Hashnote US Yield Coin
Organization subjects	Circle International Bermuda Limited, Hashnote International Short Duration Yield Fund Ltd.
Impact	High
Effect on stablecoin lifecycle	Remained active
Canonical status-effect value	Active
Recovery or reversal	Not applicable
Recovery date	Not Applicable
Cause or mechanism	Circle acquired Hashnote and integrated USYC under Circle International Bermuda's regulated token administration.
Structured detail coverage	Structured fields available below
Record confidence	High

Date: 2025-01-21
Public category: Ownership change
Canonical subtype: Acquired
Structured detail kind: Governance Change
Impact: High
Status effect: Remained active
Recovery: Not applicable
Recovery date: Not yet recorded
Cause or mechanism: Circle acquired Hashnote and integrated USYC under Circle International Bermuda's regulated token administration.
Record confidence: High

Affected records

Stablecoin and organization subjects remain separate record groups.

Stablecoin subject

Open the stablecoin dossier for current state, organizations, deployments, evidence, and unknowns.

Organization subject

Open the organization record for roles, relationships, events, evidence, and unknowns.

Organization subject

Open the organization record for roles, relationships, events, evidence, and unknowns.

Typed record

Event-type-specific facts remain visible with explicit value states.

Structured event detail

Governance-change detail — Summary	Circle acquired Hashnote and integrated USYC under Circle International Bermuda's regulated token administration.
Governance-change detail — Status	Active
Governance-change detail — Related organizations	sog_issuer_circle_bermuda, sog_org_hashnote_sdyf

Governance-change detail — Summary: Circle acquired Hashnote and integrated USYC under Circle International Bermuda's regulated token administration.
Governance-change detail — Status: Active
Governance-change detail — Related organizations: sog_issuer_circle_bermuda, sog_org_hashnote_sdyf

Provenance

Source identity, publisher, publication date, reliability, archive, and relation count remain separate.

3 source identities · 3 evidence relations
Source	Publisher	Source category	Provenance	Primary or secondary	Supported claims	Archive	Reliability
USYC overview Published Not yet recorded	Circle	Official documentation or product page Canonical: Official Documentation	Subject-controlled source	Primary source	Fund Share, Circle Bermuda Issuer, Cayman Fund, Usdc Subscription Redemption, Entity Issuer Fund and Redemption	Archive index or wildcard	High
USYC tokenized money market fund Published Not yet recorded	Circle	Official documentation or product page Canonical: Official Website	Subject-controlled source	Primary source	Active Product, Institutional Access, Minimum Investment, Fund Portfolio, Current Product and Eligibility	Archive index or wildcard	High
Circle announces acquisition of Hashnote and USYC Published 2025-01-21	Circle	Official statement or announcement Canonical: Official Statement	Subject-controlled source	Primary source	Acquisition, Hashnote, Usyc Transition, Ownership and Operator Transition	Archive index or wildcard	High

Maintenance

Use the documented correction path and methodology.