Hashnote has recently revealed an exciting partnership with Paxos, as reported by Foresight News. This collaboration is set to facilitate seamless conversion between Hashnote's US Treasury token, USYC, and PayPal's stablecoin, PYUSD. The primary objective behind this venture is to enhance the efficiency of settling USYC tokens.
In announcing the partnership, Hashnote emphasized that access to USYC is currently restricted to investors outside the United States, with eligibility criteria and a minimum investment threshold of $100,000 in place. However, the company highlighted an avenue for US-based investors to participate in USYC through the Hashnote Feeder Fund.
