Generating nearly $700,000 in yield from over $30 million invested in products like BlackRock's BUIDL, Ondo's USDY, and Mountain Protocol's USDM during the program's initial STEP 1 tranche.
Quote
Sources
Arbitrum DAO approves 35 million ARB allocation to tokenized US Treasurys from Franklin Templeton, Spiko, and WisdomTree
Referenced by
ArbitrumDAO’s STEP program’s first round (STEP 1) deployed over $30 million into tokenized real-world assets and generated approximately $700,000 in yield, setting a precedent for STEP 2’s expanded deployment.
Crypto news
Claim
