100-Year-Old Pennsylvania-Based Bank Approved to Leverage Makerdao’s Stablecoin Vault

DIGIT — Mon, 11 Jul 2022 20:30:15 +0000

Makerdao, the decentralized autonomous organization (DAO) that issues the stablecoin DAI, approved a governance proposal that provides “collateral integration from a U.S.-based bank.” The Makerdao governance proposal passed by a majority vote of more than 87%, and it gives the U.S. financial institution Huntingdon Valley Bank the means to leverage a stablecoin vault. Huntingdon Valley […]

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MakerDAO voting on collaborating with a traditional bank

DIGIT — Wed, 06 Jul 2022 02:22:08 +0000

The Maker Protocol could extend yet another arm into the traditional finance space if a proposed integration with a Pennsylvania-based bank passes this week.

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Huntingdon Valley Bank – DIGIT INFO

100-Year-Old Pennsylvania-Based Bank Approved to Leverage Makerdao’s Stablecoin Vault

MakerDAO voting on collaborating with a traditional bank