According to Foresight News, decentralized digital asset exchange DigiFT announced the launch of DigiFT U.S. Treasury Token (DUST). DUST is issued on the public chain and is compliant with regulations. It is backed by a single U.S. Treasury bond with a clear maturity. The underlying U.S. Treasury bond assets are managed by a licensed institution in Singapore, providing qualified investors and institutional investors with a channel to invest in U.S. Treasury bonds on the chain.
DUST invests in U.S. Treasury bonds with a clear maturity date of December 31, 2023. Investors can choose to use the fiat currency U.S. dollar (USD) or the U.S. dollar stablecoin USD Coin (USDC) to subscribe to this regulatory-compliant security token issuance and invest with a minimum investment amount of only US$1/USDC.
