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Use USDT/USDC to mint GUSD for treasury-level yields
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The U.S. Securities and Exchange Commission (SEC) has postponed its decision on the approval of the proposed PENGU ETF by Grayscale to March 11, extending the review period. Despite regulatory uncertainties, institutional investors continue to increase their holdings of PENGU, with Digital Finance Group alone adding over 21.2 million tokens in the past month. Although trading volume has fallen from a high of $14 million to around $5 million, the price is consolidating near $0.01166, and technical indicators suggest a possible breakout above $0.013779.