Midas Launches DeFi Composable Tokenized Treasury Product

Midas Launches DeFi Composable Tokenized Treasury Product

Real-world asset tokenization platform Midas has launched a tokenized U.S. Treasury bill product on the Algorand blockchain. The first atomic swap using the product, named mTBILL, on Algorand took place on Tuesday, with $2 million in USDC exchanged for mTBILL tokens. The transaction was executed almost instantly, with negligible fees — 0.002 ALGO, or about $0.0004 — and completed in just two seconds. The tokenized certificate’s underlying assets…

Algorand DeFi Welcomes Tokenized U.S. Treasury Bills: Midas Launches MTBILL

BitcoinWorld Algorand DeFi Welcomes Tokenized U.S. Treasury Bills: Midas Launches mTBILL Exciting developments are unfolding in the world of decentralized finance (DeFi), bridging the gap between traditional financial assets and blockchain technology. One significant step in this direction is the launch of a tokenized U.S. Treasury bill on the Algorand network, pioneered by the platform Midas. This move signals a growing trend towards integratin…

Midas brings yield-bearing US Treasury exposure to Algorand’s DeFi ecosystem

Tokenization protocol Midas has launched a tokenized U.S. Treasury bill on the Algorand blockchain, offering European investors retail access to yield-bearing government bonds with no minimum investment. According to a May 29 announcement from the German-origin firm, mTBILLs, which represents…

German Midas Protocol Launches Tokenized US Treasury Bill on Algorand - Blockchain & Cryptocurrencies Tabloid

Midas launches tokenized US Treasury bill, mTBILL, on Algorand blockchain, expanding DeFi integration. The post German Midas Protocol Launches Tokenized US Treasury Bill on Algorand appeared first on Blockchain & Cryptocurrencies Tabloid.

Midas launches tokenized T-Bill on Algorand

The post Midas launches tokenized T-Bill on Algorand appeared first on Daily Truth Report • DailyTruthReport.com.