Wu Blockchain (@WuBlockchain): Midas, a stablecoin backed by 100% U.S. Treasury bonds, plans to issue its stUSD token on DeFi platforms such as MakerDAO, Uniswap and Aave in the com…
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Midas, a stablecoin backed by 100% U.S. Treasury bonds, plans to issue its stUSD token on DeFi platforms such as MakerDAO, Uniswap and Aave in the coming weeks. It purchase U.S. Treasury bonds through BlackRock, and use USDC as the purchase entry. https://www.coindesk.com/business/2023/11/10/meet-midas-a-new-yield-bearing-stablecoin-investing-in-us-treasuries/?_gl=1*1btngru*_up*MQ