MakerDAO to Invest $1 Billion in Tokenized U.S. Treasuries

MakerDao made a big announcement during ETHCC. MakerDAO is the protocol behind this $5 billion stablecoin DAI, which has announced a major shift in its reserve strategy. The platform plans to invest $1 billion of its reserves in tokenized US Treasury products. This move aims to take advantage of the US Treasuries stability and combine … source: https://coinpedia.org/news/makerdao-to-invest-1-billion-in-tokenized-u-s-treasuries/