Elixir, Curve Partner to bring BlackRock’s BUIDL to DeFi
On November 29, Curve announced that it has partnered with blockchain network Elixir to broaden the availability of decentralized finance (DeFi) for BlackRock’s tokenized money market fund. According to Curve, token holders will shortly have the opportunity to mint Elixer’s yield-bearing stablecoin, deUSD, against the BlackRock USD Institutional Digital Liquidity Fund (BUIDL). Then, they can […]
BlackRock BUIDL Fund Acquires $11M USDC Stablecoins
The BlackRock BUIDL Fund wallet received a startling $11 million in USDC from a Circle hot wallet, prompting market discussions. BlackRock’s BUIDL (BlackRock USD Institutional Digital Liquidity) Fund has garnered significant attention for its substantial stablecoin accumulation today. According to on-chain insights, the tokenized fund of one of the most prominent asset managers received USDC […]
Circle Unveils USDC Exchange for BlackRock’s BUIDL Shares
Circle and BlackRock combine traditional finance with digital assets, introducing smart contracts that enable seamless USDC-BUIDL share exchange. Circle, the renowned stablecoin USDC’s issuer , disclosed a remarkable advancement in its partnership with BlackRock, a prominent financial institution. On April 11, Circle introduced an innovative smart contract functionality. This technology enables the exchange of USDC […]