“People are treating these on-chain treasuries as if they were as safe as something you’d see in normal finance, like a money market account,” Mizuhara said in an interview. “But different structures matter a lot; it’s not the same as being in a money market fund when you are in an SPV [special purpose vehicle] that owns Treasuries, for example, or an SPV that owns ETFs [exchange traded funds].”
ABOUT AUTHOR
CATEGORIES
- LUNC News: Terra Luna Classic Core Dev Reveals Major Update on Tax2Gas
- EFCC Opposes Bail as Detained Binance Exec Seeks Medical Care in Nigerian Money Laundering Trial
- XRP Unexpected Price Drop Wipes Millions in Volume
- Top Altcoins To Buy For 100% Upside In Short-term!
- TON Down 14% as Telegram CEO Pavel Durov Arrested in France
- Cardano (ADA) Price Reaches Crucial Bull Point: Details
- Telegram CEO Pavel Durov Arrested at Paris Airport; TON Coin Dips 17%