Blockchain-based credit marketplace Maple Finance said Wednesday it has opened up its cash management pool backed by tokenized Treasury bills (T-bills) to U.S. investors.
Maple is exempt from Section 506(c) of Regulation D (RegD) of the U.S. Securities and Exchange Commission (SEC). Prior to this, only non-US entities could access the Maple pool.
Cash management pools on Maple allow accredited investors, corporations, DAOs to park their idle USDC and USDT stablecoins in one-month U.S. Treasury bills and earn 4-5% annualized yield . The fund has attracted $22 million in deposits since it launched in April.
