Tagged: allan pedersen

DeFi Lending, Stablecoin Protocol MakerDAO Grows US Treasury Bonds Holdings to $1.2B

June 25, 2023 @ 12:30 pm By Omar Faridi |

MakerDAO, which claims to be the “longest-standing” DeFi lending protocol and creator of DAI, the original decentralized stablecoin, has announced that it has “completed the purchase of an additional $700 million worth of US treasuries, bringing the value of its total bond allocation to $1.202… Read More

Read more in: Blockchain & Digital Assets | Tagged allan pedersen, dai, daos, decentralization, decentralized finance, decentralized stablecoin, defi, defi lending, lending, makerdao, stablecoin, stablecoins, united states, us, us treasuries

MakerDAO Allocates $500M into US Treasuries, Corporate Bonds

October 9, 2022 @ 10:32 pm By Omar Faridi |

MakerDAO, the “longest-standing” DeFi lending protocol and creator of DAI, the “original,” decentralized stablecoin, announced “the strategic investment of $500M USD (converted from $500M DAI) into a combination of US Short Treasuries and Investment Grade Corporate Bonds.” The move, which will be initiated by DeFi… Read More

Read more in: Blockchain & Digital Assets, General News | Tagged allan pedersen, bonds, corporate bonds, dai, decentralization, decentralized finance, decentralized stablecoin, defi, defi lending protocol, diversification, investments, lending, makerdao, stablecoin, stablecoins