BounceBit Integrates USYC with Hashnote to Boost CeDeFi

• BounceBit partners with Hashnote Labs to integrate USYC, enhancing CeDeFi infrastructure and real-world asset (RWA) integration with regulated yield solutions.
• The collaboration merges Western RWA innovation with Asian liquidity, providing institutional-grade compliance and seamless credit trading for financial efficiency.

BounceBit has teamed up with Hashnote Labs, the company behind US Yield Coin (USYC), to bridge CeDeFi with real-world assets (RWA). By integrating USYC, BounceBit is making yield opportunities more accessible and transparent for its users.

We're building infrastructure for dual yield generation: Treasury-backed assets + basis trading strategies.

Today we're partnering with @Hashnote_Labs, a @circle company to integrate USYC, marking a key milestone in our RWA + CeDeFi expansion. pic.twitter.com/AYjIO7vP9S

— BounceBit (@bounce_bit) January 31, 2025

USYC: A New Foundation for RWA Credit Markets

The core of this partnership is USYC, the tokenized version of Hashnote’s International Short Duration Yield Fund (SDYF). Backed by reverse repo agreements with US government securities, SDYF provides a stable and regulated foundation for RWA credit markets.

This approach is especially attractive given USYC’s impressive $1.6 billion growth over the past year. Its market cap has also expanded rapidly, outpacing competitors and reinforcing strong institutional demand for regulated yield solutions.

Western Innovation Convergence with Asian Liquidity

The integration of USYC on BounceBit bridges Asian liquidity with Western RWA innovation. The initiative also promises institutional-grade compliance and a more efficient credit trading system. Calling it a foundational step for the RWA credit market, which is projected to surpass $100 trillion, wouldn’t be an exaggeration.

For institutions, this is more than just a passing trend. It offers better capital efficiency, a combination of government bond yields and basis trading returns, and seamless transactions without the need for stablecoin intermediaries.

Google Cloud and BounceBit: Enhancement of CeDeFi Infrastructure

Previously, CNF reported that the company has teamed with Google Cloud to bring real-world assets from Southeast Asia to the CeDeFi network. This partnership helps build a stronger infrastructure for institutions, making RWA integration smoother and easier to access.

Google Cloud’s support helps BounceBit expand its presence in CeDeFi, opening new opportunities for institutions. With a combination of innovation, compliance, and better tech, more investors and institutions are taking notice.