Circle
Stablecoins · USYC

Tokenized money market, onchain.

USYC is a yield-bearing onchain token backed by short-duration US Treasuries. Earn institutional yield without leaving the blockchain.

5.2%
Current APY
T+0
Settlement

Treasury yield, delivered onchain.

USYC is a tokenized representation of a short-duration US Treasury yield strategy. It lets qualified institutions earn money-market yield while keeping assets fully onchain, composable, and instantly settleable.

Because USYC settles T+0 and redeems directly into USDC, treasurers can move between yield-bearing and liquid positions in a single onchain transaction — no redemption windows, no off-chain claims.

  • Backed by short-duration US T-Bills and overnight repo
  • Instant, atomic conversion to and from USDC
  • Usable as collateral across institutional venues
01

Treasury-backed

100% backed by short-duration US T-Bills and overnight repo.

02

Yield-bearing

Real yield delivered onchain — no off-chain claims, no manual redemptions.

03

Institutional-grade

For qualified investors with full KYC/AML compliance.

04

Composable

Use as collateral, settle in USDC, redeem on-demand.

FAQ

Questions worth asking.

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