Stable or Gone
Organization record
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Record sog_issuer_circle_bermuda

Circle International Bermuda Limited

Bermuda-regulated Circle entity that issues and administers USYC on behalf of its underlying Cayman mutual fund.

Category
Digital-asset service or infrastructure provider
Regulatory character
Regulated digital-asset service provider
Jurisdiction
BermudaCountry or territory
Connected assets
1
Relationships
1 current0 historical
Evidence
3 source records

Identity and taxonomy

Overview

Public classification, legal-form state, jurisdiction, roles, confidence, and review state remain explicit.
Organization categoryDigital-asset service or infrastructure provider
Canonical organization typeRegulated Digital Asset Business
Legal formNot recorded in canonical data
Legal-form stateNot Recorded
Regulatory characterRegulated digital-asset service provider
JurisdictionBermuda
Jurisdiction scopeCountry or territory
Functional rolesLegal issuer
Relationship statesActive relationship
Primary display relationships1
Official websitehttps://www.circle.com/usyc
Record confidenceHigh
Last reviewed2026-06-15
Category
Digital-asset service or infrastructure provider
Regulatory character
Regulated digital-asset service provider
Jurisdiction
Bermuda
Jurisdiction scope
Country or territory
Functional roles
Legal issuer
Record confidence
High

Connected assets

Relationships

Current, ended, and unknown relationships remain separate. Primary display is navigation only.
StablecoinSymbolFunctional roleDisplayFromUntilStateLifecycle
Hashnote US Yield CoinUSYCLegal issuerPrimary displayNot yet recordedNot yet recordedActive relationshipActive

Hashnote US Yield Coin

Primary display
Role
Legal issuer
State
Active relationship
From
Not recorded
Until
Not recorded

Material history

Events

Typed events and organization control actions remain linked to evidence.
DateEventCategorySubtypeStatus effect
2025-01-21Circle acquires Hashnote and the USYC tokenized fund businessOwnership changeAcquiredRemained active

Provenance

Evidence

Source identity, publication date, reliability, archive state, and relation count remain separate.
3 source identities · 3 evidence relations
SourcePublisherSource categoryProvenancePrimary or secondarySupported claimsArchiveReliability
USYC overview
Published Not yet recorded		CircleOfficial documentation or product page
Canonical: Official Documentation		Subject-controlled sourcePrimary sourceFund Share, Circle Bermuda Issuer, Cayman Fund, Usdc Subscription Redemption, Entity Issuer Fund and RedemptionArchive index or wildcardHigh
USYC tokenized money market fund
Published Not yet recorded		CircleOfficial documentation or product page
Canonical: Official Website		Subject-controlled sourcePrimary sourceActive Product, Institutional Access, Minimum Investment, Fund Portfolio, Current Product and EligibilityArchive index or wildcardHigh
Circle announces acquisition of Hashnote and USYC
Published 2025-01-21		CircleOfficial statement or announcement
Canonical: Official Statement		Subject-controlled sourcePrimary sourceAcquisition, Hashnote, Usyc Transition, Ownership and Operator TransitionArchive index or wildcardHigh

Uncertainty

Known unknowns

Reviewed gaps remain visible instead of being converted into false certainty.

current_redemption_liquidity_and_fees

Instant liquidity thresholds, fee waivers, private liquidity terms, and larger-redemption timing can change and are not fixed as permanent values.

Severity
Medium
Last checked
2026-06-15

Requires periodic Circle product monitoring.

complete_network_and_contract_map

USYC supports multiple networks and teller routes; the complete current deployment graph is not normalized in this batch.

Severity
Medium
Last checked
2026-06-15

Initial deployment coverage records Ethereum only.

Maintenance

Corrections and further reading

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