Tagged: decentralized stablecoin

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

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

MakerDAO Introduces Maker Teleport, Enabling Near-Instant Movement of DAI Across Chains

MakerDAO, which claims to the “longest-standing” decentralized finance (DeFi) lending protocol and creator of DAI, the original, decentralized stablecoin, announces the launch of Maker Teleport, a multichain infrastructure for teleporting DAI across different blockchain networks. Maker Teleport is now “available on the smart contract chains… Read More

MakerDAO Allocates $500M into US Treasuries, Corporate Bonds

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

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