Hashnote’s US Treasury Token USYC Is Now Available Through Crypto Custodian Copper

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Cointime2024/02/05 14:43

By:Cointime

According to CoinDesk, the decentralized financial startup Hashnote's USYC token for US Treasury bonds can now be obtained through the encrypted custodian Copper. It is reported that Hashnote is providing its revenue USYC tokens through the cryptocurrency custodian company Copper, chaired by former UK Chancellor of the Exchequer Philip Hammond. Hashnote CEO Leo Mizuhara said that Hashnote's USYC token is based on reverse repurchase, which holds overnight US Treasury bonds at a guaranteed price on the second day, with a net yield of about 4.8%.

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