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Stablecoin Issuer MakerDAO to Invest $500M in US Treasurys, Corporate Bonds

The move is a way for Maker to diversify its balance sheet and make the backing of its stablecoin more stable.

Updated May 9, 2023, 3:58 a.m. Published Oct 6, 2022, 10:27 a.m.
MakerDAO founder Rune Christensen (CoinDesk TV)
MakerDAO founder Rune Christensen (CoinDesk TV)