Circle Acquires RWA Issuer Hashnote, Joins Tokenization Race

BlockBeats News, January 21st, Circle announced on Tuesday that it has acquired Tokenized Real-World Asset (RWA) issuer Hashnote, and the transaction was completed this morning.

The company did not disclose specific pricing details. Circle plans to integrate USYC with USDC (Circle's flagship stablecoin), enabling interchangeability between cash and income-bearing collateral,

Hashnote issued $1.3 billion worth of USYC tokens, experiencing rapid growth last year to become the largest tokenized U.S. Treasury bond product in the market.