Circle plans to bring $900M money market fund under DABA

📌 Circle plans to bring $900M money market fund under DABA license – Circle, the creator of stablecoin USDC (USDC), announced on March 13 plans to bring its Hashnote Tokenized Money Market Fund (TMMF) under Bermuda regulatory oversight through the company’s existing Digital Assets Business Act (DABA) license.Hashnote, which Circle acquired in January 2025, is the

Circle, the company behind stablecoin USDC, announced plans on March 13 to bring its Hashnote Tokenized Money Market Fund (TMMF) under Bermudas regulatory oversight through its existing Digital Assets Business Act (DABA) license. This move follows Circles acquisition of Hashnote in January 2025, aiming to enhance transparency and regulatory compliance. Digital assets

$USYC

Circle, the company behind stablecoin USDC, announced plans on March 13 to bring its Hashnote Tokenized Money Market Fund (TMMF) under Bermuda’s regulatory oversight through its existing Digital Assets Business Act (DABA) license. This move follows Circle’s acquisition of Hashnote in January 2025, aiming to enhance transparency and regulatory compliance.

The decision aligns with Circle’s strategy to expand its presence in the digital asset space while ensuring robust oversight. This step is expected to bolster investor confidence in HashnoteUSYC, offering a regulated framework for money market investments.

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