Tokenized US Treasury Bonds Hit $1 Billion Milestone on Public Blockchains

Tokenized US Treasury Bonds Hit $1 Billion Milestone on Public BlockchainsThis week, 21.co’s onchain data analyst Tom Wan presented figures revealing that tokenized U.S. Treasury bonds on public blockchains have surpassed the $1 billion mark. The analyst highlighted that Blackrock’s BUIDL experienced significant growth of 400%, escalating from $40 million to $240 million within a span of a week. The Rise of Tokenized Real-World Assets […]

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

100-Year-Old Pennsylvania-Based Bank Approved to Leverage Makerdao's Stablecoin VaultMakerdao, 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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