As tokenized U.S. treasuries continue to skyrocket, a groundbreaking entrant has emerged — Midas. Midas is a stablecoin backed by U.S. Treasuries and is planning to unleash its stUSD token on decentralized finance (DeFi) platforms like MakerDAO, Uniswap and Aave in the coming weeks. The Midas stablecoin project intends to buy Treasuries via asset manager BlackRock and use Circle Internet Financial's USDC stablecoin as an on-ramp.

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00:00 Intro
00:24 Sponsor: iTrust Capital
00:56 This week in Congress
01:54 JP Morgan doubts about BTC ETF effects on BTC
03:27 Tokenized Treasuries
04:14 Midas
05:37 Uniswap opportunity
06:17 USDC & USDT
06:48 Tether issues $4B in USDT Tokens
07:03 Circle considers going public
07:36 Uniswap chart
08:02 Outro

#stablecoin #bitcoin #ethereum
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