BlackRock BUIDL and Ondo and other issuers are interested in participating in MakerDAOs $1 billion Treasury bond tokenization plan
Odaily2024/07/12 19:08
By:Odaily
Odaily News Several industry players, including BlackRock’s BUIDL, Superstate and Ondo Finance, have expressed their willingness to actively participate in MakerDAO’s plan announced on Thursday to invest $1 billion of its reserves in tokenized U.S. Treasury products. MakerDAO’s plan reportedly represents a major shift in its reserve strategy, with the protocol leading the real-world asset (RWA) trend for cryptocurrencies, partially backing its decentralized stablecoins, which are backed by U.S. government bonds and notes held off-chain by a range of partners. (CoinDesk)
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Stake to earn
CEC, QTLX, GDV and other popular new coins are in hot progress!
Stake now!
You may also like
Here’s Which Countries Lead in State-Held Bitcoin Reserves
Cryptodnes•2024/09/21 05:46
Trump silent on crypto platform, SEC urged to clarify airdrops: Finance Redefined
Cointelegraph•2024/09/21 05:00
Indian Supreme Court YouTube Channel Hacked, Promoting Ripple Cryptocurrency
Cryptonewsland•2024/09/21 04:36
Decentralized Finance Revolution: 5 Leading DeFi Platforms Reshaping Financial Landscapes
Cryptonewsland•2024/09/21 04:36
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$62,893.25
-1.40%
Ethereum
ETH
$2,543.2
-0.08%
Tether USDt
USDT
$1
+0.01%
BNB
BNB
$574.34
+0.06%
Solana
SOL
$145.82
-1.49%
USDC
USDC
$1
+0.01%
XRP
XRP
$0.5822
-1.26%
Dogecoin
DOGE
$0.1049
-1.74%
TRON
TRX
$0.1517
-0.61%
Cardano
ADA
$0.3538
-1.18%
Bitget pre-market
Buy or sell coins before they are listed, including HMSTR, SCR, OGC, EIGEN, and more.
Trade now
Not a Bitgetter yet?Sign up now to embark on a journey into the crypto world!
Sign up now