Since Circle announced its acquisition of USYC issuer Hashnote, its asset management has dropped 76%

Crypto 7x24

2025-07-18 18:20:26

3617

According to online reports, according to data disclosed by Tom Wan, head of data analysis at EntropyAdvisors, on the X platform, Circle announced the acquisition of Hashnote, the issuer of USYC (tokenized money market funds) on January 21, 2025. At the time, USYC's asset management scale was still US$1.2 billion. Currently, USYC's asset management scale has dropped to US$285 million, a drop of 76% since the acquisition announcement was announced.

Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.

NewFlash

International Monetary Fund: World Economic Outlook predicts global growth of 2.8% in 2025 and 3.0% in 2026
22:21
U.S. University of Michigan Consumer Confidence Index in July was initially 61.8, expected to be 61.5
22:21
The initial one-year U.S. inflation rate forecast for July is 4.4%, and the forecast is 5.00%
22:20
The Atlanta Fed's GDPNow model predicts U.S. GDP growth of 2.4% in the second quarter, unchanged from previous expectations
22:20
USDC Treasury has added 250 million USDCs to Solana chain
22:19
The three major U.S. stock indexes collectively opened higher, and cryptocurrency concept stocks generally rose
22:19
DeFi Development announces the launch of SOL Reserve Accelerator Program
22:18
Northland Capital significantly raises CoreWeave's price target from $85 to $165
22:18
Golden Evening News| A list of important developments on the evening of July 18
22:17
BlackRock yesterday bought 158,875 ETH worth about $574 million
22:17
BlackRock already holds 5.6% of KULR
22:17
dYdX completes its first external acquisition to acquire crypto social trading platform Pocket Protector
20:25
Former Pump.fun senior developer Jarett Dunn is jailed in London for violating bail conditions
20:24
Binance: There are currently web links that impersonate Trusta.AI (TA), and users should be careful to identify them
20:24
An investor deposited 1 billion PUMPs, or approximately US$4.7 million, into Bybit again about 30 minutes ago
20:24
Indian cryptocurrency users may force policy changes as demand continues to grow
20:24
A transfer of up to 31 ETH gas, approximately US$112,000, appeared on the Ethereum network
20:23
DigitalX increased its holdings by 57.5 bitcoins, and currently holds a total of 425.1 bitcoins
20:23
Analysis: The total market value of cryptocurrencies exceeded the US$4 trillion mark and the stablecoin bill boosted the rally
20:23
Binance: Additional Gas fees incurred during Bonding Curve TGE have been refunded to users
20:23
Jingdong Coin Chain Technology: Jingdong stablecoins are not issued, and all trading platforms JD-HKD are counterfeit
20:22
Two addresses deposited a total of 2831 MKRs with Binance, resulting in a floating profit of US$1.58 million
20:22
Chairman of the US Securities and Exchange Commission: stablecoins fall into the category of banking regulators
20:22
People familiar with the matter: David Bailey, who lobbied Trump to support cryptocurrencies, achieved a 640% net return in one year
20:22