BounceBit Partners with Hashnote Labs to Bridge CeDeFi and RWA
The post BounceBit Partners with Hashnote Labs to Bridge CeDeFi and RWA appeared first on Coinpedia Fintech News
In a latest development, BounceBit has partnered with Hashnote Labs, creators of US Yield Coin (USYC), to connect CeDeFi with real-world assets (RWA). By integrating USYC, BounceBit is making yield opportunities more accessible and transparent for its users. The partnership centers on USYC, a tokenized version of Hashnote’s International Short Duration Yield Fund (SDYF). SDYF is backed by reverse repo agreements with U.S. government securities, offering a stable and regulated base for RWA credit markets. This approach is especially appealing due to USYC’s impressive growth of $1.6 billion over the past year. Its market cap has quickly risen, outpacing competitors and showing strong institutional demand for regulated yield solutions.
