In the afternoon, I opened an account at CIMB. There are three currencies: Singapore dollars, US dollars, and Swiss francs. I need to deposit 250,000 Singapore dollars (or 200,000 US dollars) as collateral. The collateral can be converted into US Treasury bonds, but it will definitely be purchased from the secondary market, so I will wait for the bank to provide a quote.
This money was previously stored in Coinbase, which has a yield of 3.5%. The interest rates for one-month and three-month US Treasury bonds are 3.7% and 3.75% respectively, so since I need to store for three months, it's relatively straightforward for the three-month option.
After three months, I can withdraw the funds, and will proceed as previously discussed to do the dual currency. In fact, purely based on the yield, 200,000 in US Treasuries can basically cover the interest of 620,000 Swiss francs. So, if I'm lazy, I can simply sell 200,000 in US Treasuries for 30-year bonds, which currently have a yield of 5.4%, and that would already be sufficient.
Once this matter is settled, I will nearly have everything ready for the chipmunk. A large-value insurance policy and all my bitcoin:native, of course, will only belong to him after I pass away.
@Gate Crypto, US stocks, Hong Kong stocks, Korean stocks, gold, CFD, prediction market all-in-one trading

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