Certo Secures Investment from Cyber Fund on March 20, 2024
USDT
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According to media reports, Certo received investment from Cyber Fund on March 20, 2024.Certo is a peer-to-peer lending protocol focused on the tokenization of real-world assets such as U.S. Treasury bonds. Users can deposit USDT into the protocol (with future support for USDC) and receive stUSD as proof of deposit. The protocol lends out this liquidity, using tokenized U.S. Treasuries as collateral, and pays interest to stUSD holders through a rebase mechanism.The project's innovation lies in integrating U.S. Treasuries from traditional financial markets with decentralized finance, offering users a secure and transparent lending platform. By introducing real-world assets as collateral, Certo effectively reduces systemic risk in DeFi lending and provides users with a more stable source of yield. As traditional financial assets continue to be tokenized, protocols based on real-world assets like Certo are expected to play a significant role in bridging traditional finance and the crypto economy.
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USDT Fundraising History
| Round | Amount | Valuation | Time | Investor(s) |
|---|---|---|---|---|
| -- | -- | -- | 2024-03-19 | cyber Fund |
Key Milestones
- 2024-03-20Certo completed a new funding round
24-Hour High
$0.9999
24-Hour Volume
$56.04B
All-Time High
$1.32
All-Time Low
$0.5725
Market Cap / FDV
96.32%
FDV
$191.18B
24-Hour Low
$0.9995
Market Cap
$191.18B
Circulating Supply
184.15B USDT
Total Supply
191.18B USDT
Max Supply
-- USDT
Market Sentiment
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| 1H | 24H | 7D | 30D | 1Y |
|---|---|---|---|---|
0.018% | 0.019% | 0.079% | 0.0087% | 0.038% |
