TechFlow News — DeFi lending protocol Maple Finance announced it has received an exemption under Rule 506(c) of Regulation D from the U.S. Securities and Exchange Commission (SEC), enabling it to open its cash management pool—backed by tokenized U.S. Treasury bills—to U.S. investors. Previously, only non-U.S. entities could access Maple’s cash management pool.
Maple Finance’s cash management pool allows accredited investors, corporations, and decentralized autonomous organizations (DAOs) to deposit idle USDC and USDT stablecoins into one-month U.S. Treasury bills, earning an annual yield of 4–5%. Since launching in April, the facility has attracted $22 million in deposits.
As yields on widely regarded risk-free U.S. government bonds exceed returns in decentralized finance (DeFi), demand for blockchain-based Treasury products continues to rise. Digital asset firms, cryptocurrency investment funds, and protocol treasuries often hold substantial amounts of stablecoin cash. Tokenized Treasuries offer them a hedge against inflation and a way to earn stable returns.
According to RWA.wyz, a real-world asset data platform, the market size of tokenized U.S. Treasuries has grown sixfold this year, reaching nearly $700 million.
