in Blackrock, dai, DAO, Maker Protocol, makerdao, MKR, safe haven investments, stablecoin, t-bills, us treasuries

MakerDAO goes ahead with $500M investment in treasuries and bonds

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$500 million of the funds currently collateralizing the Dai (DAI) stablecoin will be reallocated to U.S. Treasuries and corporate bonds in an effort to provide the protocol low risk additional yield.

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Author: Cointelegraph By Luke Huigsloot

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