The DAO intends to generate yield with its native DAI stablecoin via traditional investments in US treasuries and possibly even corporate bonds.
More from Cointelegraph
Price analysis 9/23: SPX, DXY, BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT
Source Node: 1687625
Time Stamp: Sep 23, 2022
Copper.co expands to US market following Alan Howard investment
Source Node: 1014321
Time Stamp: Aug 5, 2021
In staff letter, Binance CEO embraces scrutiny from regulators amid potential FTX deal
Source Node: 1752278
Time Stamp: Nov 9, 2022
Grayscale’s diversified crypto fund becomes SEC-reporting firm
Source Node: 974839
Time Stamp: Jul 12, 2021
FXT token taps into Binance Smart Chain following ERC-20 success
Source Node: 987792
Time Stamp: Jul 23, 2021
NFTs are the key to turning passive fandom into an active community
Source Node: 1748990
Time Stamp: Nov 8, 2022
Smashing crypto adoption barrier? Solana aims to do its own ‘thing’
Source Node: 1080294
Time Stamp: Sep 17, 2021
Ukraine has received $37M in tracked crypto donations so far
Source Node: 1191889
Time Stamp: Feb 28, 2022
Vitalik Buterin warns against overloading Ethereum consensus
Source Node: 2103103
Time Stamp: May 22, 2023
Unfazed by SEC tumult, top banks work to make blockchains interoperable
Source Node: 2131594
Time Stamp: Jun 13, 2023