Cash Management Pool (USDC)MPLCASHUSDC
Cash Management Pool (USDC) (MPLCASHUSDC) is a token providing exposure to a tokenized fund issued by Maple Finance and managed by Room40 Capital. Each token is a collateral-backed contractual exposure rather than a direct claim on the issuer. The fund is open-ended, invests in U.S. government debt, locks up subscriptions for 0 months, and charges a 0.5% annual management fee. Its assets sit with J.P. Morgan. Accredited investors can mint and redeem directly with Maple Finance in USDC after completing KYC, and holders have a right to redeem at net asset value with same- or next-business-day settlement. The issuer is offered under an SEC Regulation S exemption, is offered under an SEC Regulation D exemption. Holder terms are governed by the law of Singapore. MPLCASHUSDC has been issued on public blockchains since May 2023 and is native to Ethereum and Base.