How tokenized US Treasuries are replacing DeFi’s foundation

For two years, decentralized finance operated on the concept that purely crypto-native assets could serve as the monetary base for a parallel financial system. Ethereum staked through Lido anchored billions in DeFi loans, wrapped Bitcoin backed perpetual swaps, and algorithmic stablecoins recycled protocol emissions into synthetic dollars. The entire edifice assumed crypto could bootstrap its The post How tokenized US Treasuries are replacing DeFi’s foundation appeared first on CryptoSlate.