The Intercontinental Exchange plans to explore the use of Circle's USDC and USYC to develop new products

ChainCatcher news, according to CoinDesk, the parent company of the New York Stock Exchange, Intercontinental Exchange (ICE), plans to explore the use of Circle's USDC stablecoin and USYC tokenized money market fund to develop new products. The two companies will investigate how to integrate Circle's USDC stablecoin and USYC tokenized money market fund into derivatives exchanges, clearinghouses, and other services.

USYC is a money market fund token issued by Hashnote, which was acquired by Circle earlier this year.