DigiFT Pioneers with the Launch of Regulatory-Compliant US Treasury Token, DUST – Investor Bites

SNEAK PEEK

• DUST is the first regulatory-compliant U.S. Treasury token on a public blockchain.
• DigiFT focuses on bridging DeFi and tokenized real-world assets (RWAs).
• DigiFT ensures same-day settlements for investments under USD 50,000.

Singapore-based DigiFT, a pioneering decentralized exchange, has unveiled DUST, the first-ever fully regulatory-compliant U.S. Treasury token. Besides its monumental nature, DUST is a testament to the fusion of the traditional financial landscape with the decentralized finance (DeFi) world.

Moreover, DUST is not just any token. It’s the first fully regulatory-compliant U.S. Treasury token showcased on a public blockchain. Remarkably, it’s backed by an actual U.S. Treasury note with a definitive maturity date set for December 31, 2023. 

Additionally, the flexibility it offers is unparalleled. Investors can opt for fiat (USD) or delve into the stablecoin realm with USD Coin (USDC), starting with a minimal investment of just 1 USD/USDC.

On the same accord, Henry Zhang, the visionary CEO of DigiFT, remarked:

The birth of DUST epitomizes our dedication to offering the optimal blend of DeFi and traditional investment opportunities.

Additionally, he emphasized the company’s drive towards introducing a transparent, regulated channel for investors, allowing them to dip their toes in tokenized real-world assets (RWAs) with confidence.

Significantly, the tokenized treasury market crossed a whopping $680 million by the beginning of August 2023. Hence, DUST isn’t just another product. It’s DigiFT’s third pillar in seamlessly bridging DeFi and RWAs, offering solutions steeped in regulations. 

Furthermore, DUST ensures same-day settlements for investments below $50,000, albeit subject to liquidity constraints. Elucidating DigiFT’s future-oriented approach, Mr. Zhang stated that tokenizing RWAs isn’t just a trend; it’s the investment future. 

Given our unique position as a regulatory-compliant DEX, we are not only excited about the opportunities to bring more RWAs on-chain, but also to innovate and introduce new, compliant solutions for investors,” he further elaborated.

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• Source: https://investorbites.com/digift-pioneers-with-the-launch-of-regulatory-compliant-us-treasury-token-dust/