USDC Liquidity Vault 1

XUSDC-LIQ-1 is a yield vault that generates the U.S. risk-free rate on USDC, backed exclusively by short-dated U.S. Treasury bills and USD money-market funds, and has been set up as a segregated vault for a single client. Interest accrues and compounds daily with on-demand liquidity, and the architecture mirrors the prior flexible-term vault’s collateral while adding simpler, upgradable contracts and more flexible fund flows (including multiple exchange-rate methods)