Stablecoin Issuer MakerDAO Allocates 0M for Treasuries, Company Bond Funding

Stablecoin Issuer MakerDAO Allocates $500M for Treasuries, Company Bond Funding

by Jeremy

The “strategic funding” can be transformed from its overcollateralized stablecoin, with 80% going in the direction of U.S. quick time period Treasuries and the remaining 20% to funding grade company bonds. MakerDAO’s neighborhood voted in favor of the allocation proposal, which was introduced in late June.

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