Does TESA hold custody of the funds?
Does TESA hold custody of the funds?
No. USDC stays in the company’s own custody, in self-custody or with a qualified custodian. There is no pooling and no deposit on TESA’s balance sheet.
How does USDC turn into yield?
How does USDC turn into yield?
Through Circle’s CCTP, which moves USDC natively across networks, and through allocation to the tokenized Treasuries approved in the company’s policy.
How much does it yield?
How much does it yield?
The default portfolio yields around 5.1% per year, combining USDY (5.0%) and BUIDL (5.2%). The rate tracks the U.S. Treasury curve.
How long does a redemption take?
How long does a redemption take?
Seconds. Liquidity is daily and there is no lock-up.
How much does it cost?
How much does it cost?
5% of the yield generated on the standard plan, and less on enterprise, negotiable by volume. No monthly fee, no setup fee and no charge on the principal.
Do I need to change custodians?
Do I need to change custodians?
No. The integration runs on the custody setup the company already uses.
Which networks are supported?
Which networks are supported?
Ethereum as the source, with native movement to other networks via CCTP, including Solana.
Does TESA serve individuals?
Does TESA serve individuals?
No. It is B2B treasury infrastructure, built for companies with dollar cash and a centralized treasury.