A New Yield-Bearing Stablecoin Investing in U.S. Treasuries

by Jeremy

A brand new addition to the present convergence development between crypto and conventional finance is Midas, a stablecoin backed by U.S. Treasuries that is planning to unleash its stUSD token on decentralized finance (DeFi) platforms like MakerDAO, Uniswap and Aave within the coming weeks, in accordance with a presentation deck seen by CoinDesk.

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