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Stablecoin issuer Circle has acquired Hashnote, the company that created the largest tokenized money market fund.

Circle is the company behind USDC, a stablecoin with a market cap that has grown to $48 billion. Call it tokenized cash if you like; Circle CEO Jeremy Allaire did in a Tuesday X space.

But now there’s also growing interest in bringing more real-world assets onchain, the executive noted. Outside of stablecoins, the largest category within the segment is tokenized Treasurys/money market funds.

Franklin Templeton launched its OnChain US Government Money Fund (FOBXX)…

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