Why risk a smart contract exploit when safe US Treasuries pay better crypto yields?
The Federal Reserve raised its target range by 25 basis points to 3.75%-4.00% on Sept. 16, pushing the one-year Treasury yield to 4.45% the same day and pressuring crypto lending yields. That move lifts the return available to anyone willing to hold nothing riskier than government debt, setting a fresh benchmark for crypto lending yields […] The post Why risk a smart contract exploit when safe US Treasuries pay better crypto yields? appeared first on CryptoSlate.
Key Takeaways
- The Federal Reserve raised its target range by 25 basis points to 3.75%-4.00% on Sept.
- 16, pushing the one-year Treasury yield to 4.45% the same day and pressuring crypto lending yields.
- That move lifts the return available to anyone willing to hold nothing riskier than government debt, setting a fresh benchmark for crypto lending yields […] The post Why risk a smart contract exploit when safe US Treasuries pay better crypto yields?
Summary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Regulation
WSJ: Lagarde Blocked Binance’s EU License and Left It Locked Out
The Wall Street Journal reported Friday that European Central Bank President Christine Lagarde personally intervened to keep Binance out of the European Union. Three months after the bid collapsed, the world’s largest exchange is still locked out of the bloc.…
CLARITY Act needs 3 more senators and a race against the clock for a 2026 revival
Seven Democratic senators said Sept. 16 that CLARITY's failed Senate vote was not the end. The crypto market-structure bill fell short 49-50 the previous day on a procedural motion that needed 60 votes to advance. Getting from that statement to a law now…
Treasury Sanctions Crypto Exchange Behind Iran's Bitcoin Tolls on Hormuz Ships
OFAC says hundreds of millions of dollars in Bitcoin moved through BitBank to the Revolutionary Guards in two months.