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coinpedia 2024-07-12 20:10:00

MakerDAO to Invest $1 Billion in Tokenized U.S. Treasuries

The post MakerDAO to Invest $1 Billion in Tokenized U.S. Treasuries appeared first on Coinpedia Fintech News MakerDao made a big announcement during ETHCC. MakerDAO is the protocol behind this $5 billion stablecoin DAI, which has announced a major shift in its reserve strategy. The platform plans to invest $1 billion of its reserves in tokenized US Treasury products. This move aims to take advantage of the US Treasuries stability and combine …

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