Advance Global Trade with Stablecoins

Haycen powers B2B users with multi-currency stablecoin solutions specifically designed for global trade

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Haycen stablecoins

Regulated, high quality B2B stablecoins

Solutions

Global trade finance collateral & settlement

Trade finance lenders, borrowers and SME's globally can now use Haycen's high quality stablecoin to enable faster settlement. Lenders...

Trade finance lenders, borrowers and SME's globally can now use Haycen's high quality stablecoin to enable faster settlement. Lenders can strengthen control over their own cash flows with a global, instant, and free settlement network to reduce trapped liquidity and deliver major currencies directly to counterparties. Companies and their supply chains can now hold digital versions of major currencies (USD/EUR/GBP) globally at a fraction of the cost of holding traditional deposits. Haycen also offers financing in stablecoin collateral, offering a faster alternative to accessing and using digital liquidity with an attractive return profile.

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Wholesale stablecoin distribution

Haycen delivers major currency denominated stablecoins to institutions seeking to leverage new digital formats of USD, EURO, GBP, AUD, CAD and others. Haycen...

Haycen delivers major currency denominated stablecoins to institutions seeking to leverage new digital formats of USD, EURO, GBP, AUD, CAD and others. Haycen holds underlying fiat with a global Tier 1 custodian and passes on the remuneration rate to clients. Institutions embarking on digital assets can leverage Haycen, or a whitelabeled version of the stablecoin, to create better economics, build digital asset businesses, manage their global counterparties more effectively and enhance their treasury.

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Digital trade finance networks

Haycen supports a variety of new digital trade networks with our stablecoin payment infrastructure as a key part of the ongoing digitisation of the entire Trade Finance...

Haycen supports a variety of new digital trade networks with our stablecoin payment infrastructure as a key part of the ongoing digitisation of the entire Trade Finance workflow. As digital title transfers, inventory management and emissions data move to real time, Haycen offers regulated API, whitelabel and real time, instant settlement payment infrastructure to support these complex processes. Haycen supports commodities trade finance, maritime and shipping financing, bunker fuel, invoice receivable financing and pre-export financing.

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Offering

Haycen is a regulated stablecoin offering that enables non bank lenders to integrate and utilize new payments, settlement and collateral capabilities into their operations. We drive the $2 trillion market for non-bank lenders, borrowers, and SMEs through our innovative on/off ramps, digital payment solutions, and stablecoin liquidity in all major currencies. Our technology reduces the cost of capital and enables global SME's to instantly transact and hold major currencies at significantly lower deposit and transaction rates.

Questions & Answers

Is anything unclear? You can find a handful of commonly expressed topics. If you have any specific questions - feel free to contact us with the address below.

Is Haycen’s services available for retail users?
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No, Haycen is only available to businesses and regulated entities.

Does Haycen offer supporting services?
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Yes Haycen offers users digital asset wallets and accounts as a service for clients and their counterparties.

What is the Haycen stablecoin?
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Haycen stablecoin is issued under the Bermuda Monetary Authority, DAB M License (Pending), and offers a 1:1 collateralized stablecoin for global B2B users in multiple currencies.

What currency stablecoins and chains do you offer?
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USD, EUR, GBP, AUD, CAD and other currencies are available upon request. Haycen is a multi-chain offering.

Can I buy Haycen's stablecoins directly from the crypto currency market?
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No, only Haycen can mint and redeem stablecoins for fiat and all redemption requests have to come from KYC'd approved clients. Haycen's stablecoins cannot be bought/sold on cryptocurrency exchanges. In further iterations certain approved 3rd parties will be able to redeem Haycen's stablecoins for the fiat.

Does Haycen release attestations and proof of reserves?
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Yes, Haycen releases quarterly attestation reports and regular self reports its proof of reserves.

Where are my deposits held?
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The Northern Trust Company, London Branch (Northern Trust) is Haycen’s partner to safeguard fiat deposits. Fiat deposits supporting our stablecoins will be held at Northern Trust in dedicated fiat custody accounts segregated on your behalf. The majority of deposits will sit in low risk money market funds in the currency of the stablecoin; a small portion of the deposits will be held in Northern Trust balance sheet to manage liquidity. Haycen will maintain a record of ownership of all fiat deposits and will be able to identify the ultimate client owners of such deposits at any point. Your deposits will sit separately from Haycen’s corporate accounts.

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