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- 📢 #Gate Square Writing Contest Phase 3# is officially kicks off!
🎮 This round focuses on: Yooldo Games (ESPORTS)
✍️ Share your unique insights and join promotional interactions. To be eligible for any reward, you must also participate in Gate’s Phase 286 Launchpool, CandyDrop, or Alpha activities!
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3.Post may include only the #TopContentChallenge# tag.
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- 🎊 ETH Deposit & Trading Carnival Kicks Off!
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- 📢 ETH Heading for $4800? Have Your Say! Show Off on Gate Square & Win 0.1 ETH!
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- 🧠 #GateGiveaway# - Crypto Math Challenge！
💰 $10 Futures Voucher * 4 winners
To join:
1️⃣ Follow Gate_Square
2️⃣ Like this post
3️⃣ Drop your answer in the comments
📅 Ends at 4:00 AM July 22 (UTC)
Midas launches US Treasury bonds encrypted on the Algorand blockchain
Germany's Midas encryption protocol has just launched the ( US Treasury bill ) in encrypted form on the Algorand blockchain, allowing European investors to access profitable government bonds without requiring a minimum investment.
The mTBILL product is a cryptocurrency certificate that references short-term US Treasury bond ETF funds. The first atomic swap was executed on May 27, with 2 million USD USDC exchanged for mTBILL.
Midas stated that mTBILL has a lower barrier to entry compared to cryptocurrency money market funds like BlackRock’s BUIDL ( which requires a minimum of 5 million USD). In contrast, mTBILL does not require a minimum investment and offers a net yield of 4.06% ( as of 29/5).
Algorand, with a capitalization of $1.84 billion, will integrate mTBILL into the DeFi ecosystem in the next few weeks, according to the Algorand Foundation.