Case file / USYC

US Yield Coin

RWAGovernment securities fund0 Confirmed6 Claimed10 Unknown
As of 24 Oct 2026

Issuer: Circle International Bermuda LimitedJurisdiction: Bermuda

Contract (ethereum): 0x136471a34f6ef19fE571EFFC1CA711fdb8E49f2baddress from developers.circle.comchecked on-chain: USYC, 6 decimals

Open data (JSON) ↗

What you get

USYC is the on-chain representation of Hashnote International Short Duration Yield Fund Ltd.

02

How do I get out?

Who may redeemClaimed

USYC is available only to entities that are not US persons under Regulation S.

“USYC is available only to entities that are not U.S. Persons, as defined in Regulation S under the Securities Act of 1933.”
Source: Circle — Product documentationPublished: publication date not statedArchived: 23 Oct 2026Reviewed: 23 Oct 2026
✓ Quote found word for word in the latest snapshot
Redemption for moneyClaimed

Positions are entered and exited by exchanging USDC.

“USYC positions are entered or exited by exchanging USDC.”
Source: Circle — Product documentationPublished: publication date not statedArchived: 23 Oct 2026Reviewed: 23 Oct 2026
✓ Quote found word for word in the latest snapshot
FeesUnknown

The documents we archive don't answer this yet.

When redemption can be suspendedUnknown

The documents we archive don't answer this yet.

03

What backs the claim?

Reserve assetsClaimed

The fund invests mainly in reverse repurchase agreements backed by US government securities.

“SDYF invests primarily in reverse repurchase agreements (reverse repo) backed by U.S. government securities.”
Source: Circle — Product documentationPublished: publication date not statedArchived: 23 Oct 2026Reviewed: 23 Oct 2026
✓ Quote found word for word in the latest snapshot
Attestation and its scopeClaimed

Circle states that the token price and fund holdings are published through an on-chain oracle.

“The token price and fund holdings are published through an onchain Oracle.”
Source: Circle — Product documentationPublished: publication date not statedArchived: 23 Oct 2026Reviewed: 23 Oct 2026
✓ Quote found word for word in the latest snapshot
CustodyUnknown

The documents we archive don't answer this yet.

04

Who can change the rules?

Freezing and blockingUnknown

The documents we archive don't answer this yet.

Upgrading the contractUnknown

The documents we archive don't answer this yet.

Issuing new tokensUnknown

The documents we archive don't answer this yet.

Changing the termsUnknown

The documents we archive don't answer this yet.

From the contract

Read directly from the blockchain — measurements, not statements. block 26260378, read 24 Oct 2026, 05:21 UTC

These addresses are keys that control the contract. Their own balance does not matter: a key with almost no funds can still control every token.

Tokens in circulation34,615,658.68 USYC
Contract code can be replaced (proxy)Yes
Proxy patterneip1967
Owner0x13ff8cabb86edf94a2df4f98773bda4005182dd6
Owner isa single-key account
05

Evidence: archived sources

Each source is fetched once a day. We publish its fingerprint and changes, and link to the original.

SourceLast checkedStatusVersionsLast changedSHA-256
Product documentation
Circle
24 Oct 2026, 05:21 UTCArchived1—1ac9f246…46b90e ⏱
Product documentation
Circle
24 Oct 2026, 05:21 UTCArchived1—06b6792f…119fd6 ⏱
Contract addresses
Circle
24 Oct 2026, 05:21 UTCArchived1—c4e2f5e8…d90aaf ⏱
?

What we don't know

These questions have no answer in the documents we archive. That is a gap, not a verdict.

Who owes the holderHolder rightsGoverning law and disputesFeesWhen redemption can be suspendedCustodyFreezing and blockingUpgrading the contractIssuing new tokensChanging the terms