issuance
9 PATHS
Institutional USDC minting via Circle Mint — KYB gate, reserve-backed 1:1, SOC 1 Type 2 audited.
Circle · Circle Mint · DeloitteOffshore stablecoin issuance — BVI-domiciled, BDO attestation (not audit), $174B+ supply, most scrutinized reserves in crypto.
Tether · BDO ItaliaBank-grade stablecoin — NYDFS-regulated, OCC conditional charter, BNY Mellon custody, zero-idle-supply model.
Ripple · BNY Mellon · NYDFSTokenized money market fund — 3(c)(7) qualified purchaser, $5M minimum, 9 chains, Securitize as transfer agent.
BlackRock · Securitize · BNY MellonTokenized Treasury note — yield-bearing, general access, 40-50 day settlement window reveals securities nature.
Ondo FinanceOn-chain stock issuance — Reg D 506(c), transfer agent + tokenization, 24/7 trading, perpetual compliance.
SecuritizeNative tokenized MMF issuance on Arc — code-enforced NAV gate, whitelist at mint, no bridging. Circle/Hashnote USYC.
Circle · Hashnote · ArcSame-day atomic redemption of tokenized MMF shares back to USDC — the liquidity advantage that defines tokenized funds vs. traditional MMFs.
Circle · HashnoteThe recurring daily lifecycle — NAV publication, yield accrual, holder re-screening, record update. The between-state where compliance fires every epoch.
BlackRock · Securitize · Hashnote · Franklin Templeton · Chainlink