Categories: Crypto Freedom News

Over $1B in U.S. Treasuries (UST) Has Been Tokenized on Public Blockchains

[ad_1]

The rapid rise in Treasury yields in the past two years has fueled demand for their tokenized versions. The 10-year yield, the so-called risk-free rate, has risen to 4.22% from 1.69% since March 2022, denting the appeal of lending and borrowing the dollar-pegged stablecoins in the decentralized finance market.

[ad_2]

Source link

PrepTeam

Share
Published by
PrepTeam

Recent Posts

Dear Diary, It’s Me, Jessica: Part 16

[ad_1] If you're new here, you may want to subscribe to my RSS feed. Thanks…

3 weeks ago

Google Faces Lawsuit After $5M in Crypto Stolen via Play Store App

[ad_1] A Florida woman, Maria Vaca, has sued Google in a California state court, alleging…

3 weeks ago

All About Water Purification: A Complete Tutorial

[ad_1] You may need to purify water to make it safe to drink. The process…

3 weeks ago

Protocol Village: Quai Releases Mainnet-Compatible Devnet, Crunch Lab Raises $3.5M

[ad_1] The latest in blockchain tech upgrades, funding announcements and deals. For the period of…

3 weeks ago

The Grim New Daily Life in Venezuela

[ad_1] If you're new here, you may want to subscribe to my RSS feed. Thanks…

3 weeks ago

World’s 3rd largest public pension fund buys $34M MicroStrategy shares

[ad_1] The third-largest public pension fund in the world has just bought nearly $34 million…

3 weeks ago