Societe Generale minted $7 million in DAI secured by bonds
Societe Generale Bank has minted a $7 million loan in the DAI stablecoin on MakerDAO.
Last year Societe Generale was allowed to launch its repository on MakerDAO.
The debt ceiling of a particular repository is $30 million.
To obtain a loan, the bank used collateral in the form of housing loan bonds in the amount of $40 million.
