Maple Finance Launches U.S. Treasury Bill Pool for Crypto Investors

Maple Finance Launches U.S. Treasury Bill Pool for Crypto Investors

Blockchain-based lending protocol Maple Finance has introduced a cash management pool that invests in one-month U.S. Treasury bills (T-bills), offering a way for accredited investors, crypto firms, and decentralized autonomous organizations (DAO) to earn yield on their idle stablecoins.

The pool provides investors with a 3.2% annual yield, calculated as the one-month T-bill yield less a 0.5% management fee on stablecoin deposits. The pool is structured as a special purpose vehicle (SPV) that collects investor's stablecoins and lends them to crypto hedge fund Room40 Capital, which then invests in T-bills. Maple and Room40 does not require any lockup period for deposits before withdrawal.

 

TokenInsight is dedicated to covering the most important and cutting-edge trends in the world of crypto. If you have information to share with us, please feel free to contact our email news@tokeninsight.com. Your trust will be well respected.

Source

DeFi

Lending

In This Article

Related News
Term Finance recovers $1 million of $1.6 million loss to oracle configuration error Term Finance recovers $1 million of $1.6 million loss to oracle configuration error
Wildcat, the decentralized credit platform built by Crypto Twitter mainstay Laurence Day, launches new version on Ethereum Wildcat, the decentralized credit platform built by Crypto Twitter mainstay Laurence Day, launches new version on Ethereum
Bernstein names Robinhood as top 'crypto deregulation trade,' raises price target to $51 Bernstein names Robinhood as top 'crypto deregulation trade,' raises price target to $51
Arijit Sarkar Arijit Sarkar 2 hours ago Crypto lender Polter Finance halts operations after $12M hack Arijit Sarkar Arijit Sarkar 2 hours ago Crypto lender Polter Finance halts operations after $12M hack
Radiant Capital hacker moves $52M in stolen funds Radiant Capital hacker moves $52M in stolen funds
Latest News More More
9 Hours Ago Circle secures in-principle approval to operate as money services provider in Abu Dhabi
9 Hours Ago Mastercard moves to integrate stablecoins into global payments network
1 Day Ago Bitget will legally pursue 8 accounts suspected of profiting $20 million from VOXEL trading manipulation
4 Days Ago Citigroup predicts stablecoin supply could hit $3.7 trillion by 2030
4 Days Ago Ark Invest raises 2030 bull-case bitcoin price projection to $2.4 million on 'aggressive' modeling
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open