Hashnote 和 Paxos 結盟，提供增強收益的穩定幣產品

Hashnote 在 Cumberland 和 DRW 的支持下，與 Paxos 聯手，將 PayPal USD (PYUSD) 整合到其有收益的 USYC 代幣中，提供由美國財政部投資支持的無風險利率回報。此次合作透過雙向原子結算流程實現 USYC 和 PYUSD 之間的無縫轉換，使閒置穩定幣更俱生產力，同時為大型機構提供流動性。 Hashnote 和 Paxos 之間的合作強調了他們在監管框架內對加密貨幣的共同承諾，確保全球客戶保護。

Hashnote and Paxos Forge Strategic Alliance to Enhance Yield-Bearing Stablecoin Offering

Hashnote 和 Paxos 結成策略聯盟，以增強穩定幣的收益

Introduction

介紹

In a groundbreaking collaboration, Hashnote and Paxos join forces to revolutionize the digital asset space. Hashnote, the pioneering on-chain first digital asset manager, and Paxos, the leading regulated blockchain infrastructure and tokenization provider, have entered into a strategic partnership to address the evolving needs of market makers, traders, and institutions.

在一項突破性的合作中，Hashnote 和 Paxos 聯手徹底改變了數位資產領域。開創性的鏈上數位資產管理公司 Hashnote 和領先的受監管區塊鏈基礎設施和代幣化提供商 Paxos 已建立戰略合作夥伴關係，以滿足做市商、交易者和機構不斷變化的需求。

Product Integration: USYC and PayPal USD Interoperability

產品整合：USYC 和 PayPal USD 互通性

The centerpiece of this partnership lies in the seamless integration of the Hashnote yield-bearing US Dollar Coin (USYC) with PayPal USD (PYUSD), a stablecoin issued by Paxos. Through an innovative two-way atomic settlement process, this collaboration enables the frictionless conversion between USYC and PYUSD. This technological advancement eliminates time-consuming and costly intermediaries, allowing for instant settlement and maximizing investment efficiency.

此次合作的核心在於 Hashnote 收益美元幣 (USYC) 與 Paxos 發行的穩定幣 PayPal USD (PYUSD) 的無縫整合。透過創新的雙向原子結算流程，此次合作實現了 USYC 和 PYUSD 之間的無摩擦轉換。這項技術進步消除了耗時且成本高昂的中介機構，實現即時結算並最大限度地提高投資效率。

Enhanced Yield and Reduced Risk

提高產量並降低風險

USYC continually generates yield through investments in US Treasury Bills, repurchase (repo), and reverse repurchase (reverse-repo) agreements. This approach ensures short-term, risk-free returns while leveraging the rapid speed, transparency, and composability of on-chain transactions. Moreover, Hashnote's stringent regulatory compliance mitigates potential risks associated with protocol, custody, regulations, and credit.

USYC 透過投資美國國庫券、回購 (repo) 和逆回購 (reverse-repo) 協議不斷產生收益。這種方法確保短期、無風險的回報，同時利用鏈上交易的快速、透明和可組合性。此外，Hashnote 嚴格的監管合規性降低了與協議、託管、監管和信用相關的潛在風險。

Accessibility and Liquidity

可近性和流動性

USYC is accessible to eligible individuals and institutions outside the United States, with a minimum investment threshold of $100,000. US investors can gain exposure to USYC through the Hashnote Feeder Fund. The partnership with Paxos significantly increases the cap on immediate minting and redemption, guaranteeing ample liquidity to meet the demands of even the most substantial institutions.

USYC 對美國境外符合資格的個人和機構開放，最低投資門檻為 100,000 美元。美國投資者可以透過 Hashnote Feeder Fund 獲得 USYC 的投資。與 Paxos 的合作顯著提高了即時鑄幣和贖回的上限，保證了充足的流動性，甚至可以滿足最大規模機構的需求。

Regulatory Framework: Compliance and Security

監管框架：合規性和安全性

Paxos Trust Company, the issuer of PYUSD, operates under the strict regulatory oversight of the New York State Department of Financial Services (NYDFS). Hashnote is registered as a Commodity Pool Operator (CPO) with the U.S. Commodity Futures Trading Commission (CFTC), and its fund is registered as a mutual fund with the Cayman Islands Monetary Authority (CIMA). This robust regulatory framework ensures adherence to stringent financial standards and protects the interests of customers worldwide.

PYUSD 的發行人 Paxos Trust Company 在紐約州金融服務部 (NYDFS) 的嚴格監管下運作。 Hashnote 在美國商品期貨交易委員會 (CFTC) 註冊為商品池營運商 (CPO)，其基金在開曼群島金融管理局 (CIMA) 註冊為共同基金。這個強大的監管框架確保遵守嚴格的財務標準並保護全球客戶的利益。

Benefits of the Collaboration

合作的好處

This partnership between Paxos and Hashnote brings numerous advantages to the market:

Paxos 和 Hashnote 之間的合作為市場帶來了許多優勢：

• Increased Value: Hashnote's yield-bearing USYC allows investors to optimize returns on their stablecoin holdings.
• Reduced Risk: Hashnote's regulated and compliant approach minimizes the risks associated with digital asset investments.
• Enhanced Liquidity: The ability to seamlessly convert between USYC and PYUSD ensures abundant liquidity for market makers, traders, and institutions.
• Regulatory Compliance: The partnership's strict adherence to regulatory frameworks provides peace of mind to customers.
• Global Accessibility: USYC is available to eligible investors outside the United States, making it a globally accessible investment vehicle.

Conclusion

價值增加：Hashnote 的收益USYC 允許投資者優化其穩定幣持有的回報。降低風險：Hashnote 的受監管和合規方法最大限度地降低與數位資產投資相關的風險。增強流動性：USYC 和PYUSD 之間無縫轉換的能力確保了充裕的流動性適合做市商、交易者和機構。監管合規性：該合作夥伴關係嚴格遵守監管框架，讓客戶高枕無憂。全球可訪問性：USYC 可供美國以外的合格投資者使用，使其成為全球可訪問的投資工具。結論

The strategic alliance between Hashnote and Paxos marks a significant milestone in the evolution of digital asset management. By seamlessly integrating the yield-bearing USYC with the regulated PYUSD, this partnership empowers market participants to maximize returns, reduce risk, enhance liquidity, conform to stringent regulatory requirements, and access a global marketplace. This collaboration sets a new standard for innovation and excellence in the digital asset industry, paving the way for a more secure, efficient, and rewarding financial landscape.

Hashnote 和 Paxos 之間的策略聯盟標誌著數位資產管理發展的一個重要里程碑。透過將產生收益的 USYC 與受監管的 PYUSD 無縫集成，這種合作關係使市場參與者能夠最大化回報、降低風險、增強流動性、符合嚴格的監管要求並進入全球市場。此次合作為數位資產產業的創新和卓越樹立了新標準，為更安全、更有效率、更有價值的金融環境鋪平了道路。