Odaily Planet Daily News The decentralized digital asset exchange DigiFT announced the launch of the DigiFT US Treasury Token (DUST for short). DUST is a regulatory-compliant U.S. Treasury token issued on the public chain. DUST is backed by a single U.S. treasury bond with a clear term, and the underlying U.S. treasury bond assets are managed by a licensed institution in Singapore, providing qualified investors and institutional investors with a channel to invest in U.S. treasury bonds on the chain.
DUST provides investors with a regulated on-chain investment channel to invest in U.S. Treasury bonds with a clear maturity date of December 31, 2023. Investors can choose to subscribe to this regulatory-compliant security token offering using fiat currency (US dollars) or the US dollar stablecoin USDC, and invest with a minimum investment amount of only 1 USD/USDC.