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100-Year-Old Pennsylvania-Based Bank Approved to Leverage Makerdao’s Stablecoin Vault

Post author:MiamiCrypto
Post published:July 11, 2022
Post category:100 million DAI Dai Stablecoin DAI transfers dao Debt Ceiling decentralized autonomous organization decentralized finance DeFi Governance proposal Hexonaut Huntingdon Valley Bank HVB loans makerdao Makerdao DAI Makerdao governance MKR off-chain loans Pennsylvania bank real-world assets RWA Stablecoin Stablecoin vault StarkNet total value locked

Makerdao, the decentralized autonomous organization (DAO) that issues the stablecoin DAI, approved a governance proposal that provides “collateral integration from a U.S.-based bank.” The Makerdao governance proposal passed by a…