MakerDAO Votes to Halt Lending to Tokenized Credit Pool After $2M Loan Default

July 20, 2023 anon Uncategorized
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Crypto Lender MakerDAO Boosts U.S. Treasury Holdings With $700M Purchase to Strengthen DAI Stablecoin Backing
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The embattled Harbour Trade credit pool minted $1.5 million of DAI stablecoin secured with loans to a consumer electronics firm, which defaulted on $2.1 million of debt.

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