Organization Behind Fourth-Largest Stablecoin To Invest $500,000,000 in US Treasuries and Corporate Bonds
October 07 2022 - 2:45PM
The Daily Hodl
MakerDAO, the decentralized autonomous organization (DAO) behind
the stablecoin DAI is kicking off its $500 million investment
strategy to allocate funds for traditional assets. The issuer of
the fourth-largest stablecoin by market cap is moving $500 million
from its balance sheet to short-term US treasuries and corporate
bonds to expand its asset exposure and revenue […]
The post
Organization Behind Fourth-Largest Stablecoin To Invest
$500,000,000 in US Treasuries and Corporate Bonds appeared
first on The Daily Hodl.
...
Continue reading Organization Behind Fourth-Largest
Stablecoin To Invest $500,000,000 in US Treasuries and Corporate
Bonds
The post
Organization Behind Fourth-Largest Stablecoin To
Invest $500,000,000 in US Treasuries and Corporate Bonds
appeared first on
The Daily Hodl.
Maker (COIN:MKRUSD)
Historical Stock Chart
From Mar 2024 to Apr 2024
Maker (COIN:MKRUSD)
Historical Stock Chart
From Apr 2023 to Apr 2024