CIRCLE INTENDS TO BRING HASHNOTE TMMF UNDER EXISTING DABA LICENSE

Summary from the TLDR Crypto newsletter

Circle plans to integrate the Hashnote Tokenized Money Market Fund (TMMF), which issues the approximately $1 billion USYC token, under its existing Digital Assets Business Act (DABA) license in Bermuda to establish direct connectivity between USYC and USDC.