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

According to CoinDesk, Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, plans to explore using Circle's USDC stablecoin and USYC tokenized money market fund to develop new products. The two companies will study how to integrate Circle's USDC stablecoin and USYC tokenized money market fund into derivatives exchanges, clearing houses, and other services.

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