Midas Protocol Launches Tokenized US Treasury Bill on Algorand, Democratizing DeFi Access

German fintech company Midas has launched mTBILL, a tokenized version of US Treasury bills on the Algorand blockchain. This move aims to make accessing these traditionally inaccessible assets easier for retail investors, potentially revolutionizing DeFi on the platform. The protocol boasts a 4.06% net yield with no minimum investment requirements, making it attractive to a wider audience. This launch represents a significant step towards democratizing financial markets by bringing traditional treasury products into the realm of blockchain technology.