Hashnote’s U.S. Treasuries Token Now Available Through Crypto Custodian Copper

“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].”

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