Monday, April 22, 2024
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MakerDAO’s $1.84M Investment at Risk Due to Default of Tokenized Loans on Centrifuge

However, the development unveils risks about the protocol’s strategy to double down on real-world asset (RWA) investments, including lending to non-crypto businesses. Last month, MakerDAO halted lending to Harbor Trade, another Centrifuge tokenized credit pool manager, after $2.1 million of loans soured without payment on time. Source

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