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2023-01-14 01:20:00

Financial Giant Société GénÉrale Withdraws $7 Million in DAI From MakerDAO Vault

Financial Giant Société GénÉrale Withdraws $7 Million in DAI From MakerDAO Vault

France-based multinational financial services giant Société Générale has withdrawn $7 million in the cryptocurrency-backed stablecoin DAI from MakerDAO, out of a vault that has a debt ceiling of $30 million in DAI. As The Block reports, Société Générale was approved to start a MakerDAO vault last year after a vote from the decentralized autonomous organization’s

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