A press release titled, "Airwallex Expands High-​Yield Treasury Offering to U.​S. Businesses; Surpasses US$​1 Billion in Global Assets Under Administration," tells us, "Airwallex, a leading global financial platform for modern businesses, ... announced the U.​S. launch of Yield, a treasury solution designed to help businesses optimize returns on idle cash. With Yield, customers can quickly and seamlessly move funds from their Airwallex cash balances into a AAA-​rated money market fund managed by J.​P. Morgan Asset Management, with the opportunity to earn returns that outperform traditional bank savings." It explains, "Since its initial debut in Australia just over two years ago, Yield has seen rapid global adoption, recently surpassing US$​1 billion in global assets under administration. Usage data highlights the specific drivers behind this growth: SME Market Traction: This momentum is driven by small-​to-​medium enterprises with less than $​10M in annual revenue, demonstrating that institutional-​grade returns are a critical priority for the segment. Operational Simplicity: Customers are using Yield as a '​set and forget' account, treating it with the ease of a traditional savings account to ensure their idle funds are consistently productive. Managing Global Volatility: The majority of these funds are held in USD, as companies increasingly seek to protect capital against local currency volatility and macro-​economic uncertainty." Jack Zhang, co-​founder and CEO of Airwallex, comments, "Topping $​1 billion is a testament to the demand for a new kind of banking experience -- one that is global, digital-​first, and institutional-​grade. With the launch of Yield in the U.​S., we are closing the gap in the market for a unified platform. We are giving U.​S. businesses a seamless way to operate across currencies, while ensuring their working capital is actively generating value, not sitting in an idle account." The release adds, "Airwallex Yield offers U.​S. businesses a sophisticated alternative to traditional savings accounts, which often offer negligible returns. By providing seamless access to an AAA-​rated money market fund managed by J.​P. Morgan Asset Management, Airwallex enables finance teams to optimize their USD balances with the liquidity required for daily operations."

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