v1.0.0Testnet

Documentation

Technical reference for USYC Protocol. Learn to integrate Treasury yields and payment streaming into your applications.

What is USYC Protocol Labs?

USYC Protocol Labs builds DeFi infrastructure on Arc Network, making Treasury yields accessible to everyone through simple, secure products.

What is USYC?

Circle's yield-bearing stablecoin backed by US Treasury Bills. It provides ~3-5% APY while maintaining stability.

What is Arc Network?

Circle's new Layer 1 blockchain designed specifically for stablecoins and Real World Assets (RWA).

Who is Circle?

The company behind USDC, the 2nd largest stablecoin with $25B+ in circulation.

Who is Hashnote?

Circle's partner that manages USYC and the underlying Treasury Bill investments.

Core Products

Yield Vault
Passive Treasury yield
Payment Streams
Streaming payments + yield

Getting Started

USYC Protocol provides two core primitives for programmable Treasury yields on Arc Network.

Yield Vault

ERC-4626 compliant vault for automated Treasury yield. Deposit USDC, earn ~3-5% APY.

Payment Streaming

Real-time payment flows for salaries, subscriptions, and vesting schedules.

Quick Start

01

Connect to Arc Network

Add Arc Testnet to your wallet (Chain ID: 462050)

02

Get Testnet Tokens

Use the faucet to get ARC and USYC tokens

03

Start Building

Integrate with our smart contracts using ethers.js or viem

Network Configuration

Fees

Protocol Fees (USYC Protocol Labs)

Yield Vault Fees

Deposit Fee0%
Withdrawal Fee0.1%
Performance Fee10%

Payment Stream Fees

Creation Fee0.25%
Yield Fee10%

Example: $10,000 USDC deposited for 1 year

Gross yield (~3.72% APY)+$0.00
Circle Performance Fee (10%)-$0.00
Protocol Fee (10%)-$0.00
Withdrawal Fee (0.1%)-$0.00
Net yield for user~$0 (~2.9% APY)

Smart Contracts

USYCVault.solERC-4626

USYC Yield Vault

The main vault contract for depositing USDC and earning Treasury yields.

Key Functions

deposit()

Deposit USDC and receive vault shares. Starts earning immediately.

withdraw()

Withdraw USDC plus accumulated yield at any time.

getYield()

View current accumulated yield without withdrawing.

Deployed Contracts (Arc Testnet)

YieldVault Proxy
0x2f685b5Ef138Ac54F4CB1155A9C5922c5A58eD25
PaymentStream Proxy
0x1fcb750413067Ba96Ea80B018b304226AB7365C6
Timelock (24h)
0x9f3856dF5CE0797aEe7FaE3E13794d4d52f9eB40
GatewayReceiver
0x8B412f7cAfA72482BE146268C4AD57231D8282cF
USYC Token
0xe9185F0c5F296Ed1797AaE4238D26CCaBEadb86C
Testnet Only: These contracts are on Arc testnet. Mainnet deployment coming soon.

API Reference

Integration with ethers.js

Integration with viem

USYC APIs (Hashnote)

Public APIs from Hashnote for USYC price data. No authentication required.

StableFX Integration

What is StableFX?

StableFX is Circle's institutional-grade stablecoin FX engine built on Arc Network. It enables instant conversion between stablecoins (EURC ↔ USDC) with 24/7 settlement and sub-second finality.

24/7 settlement
Sub-second finality
Smart contract escrow
Best rates aggregated

How USYC Protocol Labs uses StableFX

For Deposits (Vault)

EURC deposit
StableFX (EURC → USDC)
YieldVaultV2
Teller (USDC → USYC)
Yield

For Payment Streams

Employer deposits EURC
StableFX (EURC → USDC)
PaymentStreamV2
Teller (USDC → USYC)
Stream with yield

For Withdrawals

User withdraws
Teller (USYC → USDC)
StableFX (USDC → EURC)
User receives EURC

Supported Currencies

USDC

US Dollar

Live

EURC

Euro

Live

More

Coming soon

Official Links

Security

Smart Contract Audits

All contracts audited by leading security firms before mainnet deployment.

Upgradeable Proxies

UUPS proxy pattern with 24-hour timelock for transparent upgrades.

Access Controls

Role-based permissions with multi-sig requirements for admin functions.

Treasury Backing

USYC is 100% backed by US Treasury Bills, managed by regulated custodians.

Bug Bounty Program

Found a vulnerability? Report it responsibly and earn rewards up to $50,000.

Report a Bug

FAQ

Ready to Build?

Start integrating Treasury yields into your application today.

© 2025 USYC Protocol Labs. All rights reserved.All Systems Operational