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TESA is B2B treasury infrastructure that puts a company’s digital dollar cash to work earning U.S. Treasury yield, without changing custodians and without building an in-house trading desk. USDC comes in through Circle’s native rail and is allocated to tokenized Treasuries. The consolidated yield of the default portfolio is around 5.1% per year, with daily liquidity and end-to-end on-chain traceability.

How it works

From USDC to Treasury yield on a single rail, via Circle CCTP.

TESA API

Positions, allocations and redemptions from your own system. Draft specification.

Yield and allocation

Where the yield comes from and how the portfolio is split.

Custody and compliance

Non-custodial: keys stay with the custodian you already use.

Getting started

From first contact to yielding cash, in four steps.

Pricing

5% of the yield generated, never of the principal.

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Value proposition

Your dollars, your control

The operation is non-custodial and keys stay with the custodian the company already uses.

A single rail

No third-party bridge, no wrapped token, no new custody integration.

Daily liquidity

Cash stays available and redemptions settle in seconds.

We only earn when you earn

The fee applies to the yield generated, never to the principal.

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Who it is for

Companies with dollar cash, a centralized treasury and meaningful volume. TESA is B2B infrastructure and does not serve individuals.

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Explore the documentation

Product

Features, yield, supported networks and assets.

Operations

Pricing, use cases and onboarding.

Reference

Glossary, FAQ, risks and considerations.

API

Integration via API, with a non-custodial model. Draft specification.