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MakerDAO passes proposal for $750M increase in US Treasury investments

The emergency proposal increases MakerDAO’s holdings of United States bonds by 150%, aiming to diversify the Dai stablecoin’s collateral exposure.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

MakerDAO passes proposal for $750M increase in US Treasury investments

The emergency proposal increases MakerDAO’s holdings of United States bonds by 150%, aiming to diversify the Dai stablecoin’s collateral exposure.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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Read on Cointelegraph

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