Hashnote Elevates Collateral Efficiency for PayPal USD With Paxos
USYC token yield is backed by investment in US Treasury Bills, repurchase (repo), and reverse repurchase (reverse-repo) agreements.
- USYC token yield is backed by investment in US Treasury Bills, repurchase (repo), and reverse repurchase (reverse-repo) agreements.
- Earlier in 2023, Paxos expanded its product lineup to include PayPal USD (PYUSD).
- The partnership between Hashnote and Paxos substantially raises the cap on immediate minting and redemption, ensuring sufficient liquidity for even the largest institutions.
- The Paxos and Hashnote partnership embodies a collaboration between companies focused on cryptocurrencies within a regulatory and security framework that benefits customers globally.