📰 Circle is shifting USYC’s underlying fund from overnight repos to U.S. Treasury bills with maturities of up to six months.
📌 The USYC token will retain the same issuer, token ticker, and redemption process using $USDC , but Circle has not announced a new yield or the proportion of assets being shifted.
📌 Longer maturities help lock in yields until maturity, but they also increase interest rate risk as Treasury bill prices fluctuate before maturity.
Flows into yield-bearing stablecoins could shift as investors weigh yields against maturity risk.
💬 Do you think USYC is attractive enough to compete with other yield products?
#DeFi #CryptoNews
🔗 Source: Cryptonews
⚠️ This information is for reference only and is not investment advice. Do your own research before making a decision (DYOR).
📌 The USYC token will retain the same issuer, token ticker, and redemption process using $USDC , but Circle has not announced a new yield or the proportion of assets being shifted.
📌 Longer maturities help lock in yields until maturity, but they also increase interest rate risk as Treasury bill prices fluctuate before maturity.
Flows into yield-bearing stablecoins could shift as investors weigh yields against maturity risk.
💬 Do you think USYC is attractive enough to compete with other yield products?
#DeFi #CryptoNews
🔗 Source: Cryptonews
⚠️ This information is for reference only and is not investment advice. Do your own research before making a decision (DYOR).