Add yUSDC to the asset registry
Aquarius governance proposal to whitelist yUSDC, an Ultra Capital yield-generating USDC wrapper backed 1:1 by crypto deposits. The asset has 3.31M supply across 34,701 trustlines and rates 9.7/10 on Stellar Expert.
yUSDC is an Ultra Capital-issued yield-generating token backed 1:1 by customer cryptocurrency deposits lent to external CeFi and DeFi platforms to generate daily APY returns. On Stellar for approximately 5.3 years, yUSDC has accumulated 3.31M total supply across 34,701 trustlines (10,529 funded). Its 9.7/10 Stellar Expert rating reflects strong on-chain metrics. Aquarius's proposal to whitelist yUSDC would expand the platform's asset registry with an additional yield-bearing option for users.
Ultra Capital is an asset manager issuing yield-generating tokens on the Stellar network backed 1:1 by customer cryptocurrency deposits, which the company lends to external CeFi and DeFi platforms to generate daily APY returns.