Anchorage
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BlackRock Expands BUIDL Tokenized Fund to Multiple Blockchain Networks, Including Ethereum, Aptos, Arbitrum, Avalanche, OP Mainnet, and Polygon š¤©
BlackRock has launched #BUIDL , its first tokenized USD liquidity fund, on Ethereum and additional networks, including Aptos, Arbitrum, Avalanche, Optimismās OP Mainnet, and Polygon.
Accessible through Securitize Markets, the fund enables eligible investors to earn U.S. dollar yields and offers flexible, round-the-clock transferability. #BlackRock ās strategic investment in Securitize reinforces its commitment to transforming digital asset infrastructure and making capital markets more accessible and efficient.
Supported by BNY Mellon and custodians like #Anchorage and BitGo, BUIDL represents a major step forward in blockchain-based financial products.
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BlackRock has launched #BUIDL , its first tokenized USD liquidity fund, on Ethereum and additional networks, including Aptos, Arbitrum, Avalanche, Optimismās OP Mainnet, and Polygon.
Accessible through Securitize Markets, the fund enables eligible investors to earn U.S. dollar yields and offers flexible, round-the-clock transferability. #BlackRock ās strategic investment in Securitize reinforces its commitment to transforming digital asset infrastructure and making capital markets more accessible and efficient.
Supported by BNY Mellon and custodians like #Anchorage and BitGo, BUIDL represents a major step forward in blockchain-based financial products.
If you enjoy my content, feel free to tip me ā¤ļø
#Binance
#crypto2024
PayPal's PYUSD Hits $1 Billion But Trails Top Stablecoins š
PayPal's stablecoin, PayPal USD (#PYUSD ), has surpassed $1 billion in market capitalization since its launch in 2023.
PYUSD is a US dollar-pegged stablecoin issued by #Paxos Trust Company and is designed as an ERC-20 token compatible with Ethereum. It is PayPal's sole stablecoin supported on its payment platform and has been integrated into various Web3 applications and cryptocurrency exchanges.
PayPal has expanded PYUSD's accessibility by partnering with #Anchorage Digital, launching on Solana, and collaborating with MoonPay for cryptocurrency purchases. Despite its growth, PYUSD remains significantly smaller than its rivals, Tether (USDT) and USD Coin (USDC), which have market capitalizations of approximately $118 billion and $35 billion, respectively.
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#Binance
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PayPal's stablecoin, PayPal USD (#PYUSD ), has surpassed $1 billion in market capitalization since its launch in 2023.
PYUSD is a US dollar-pegged stablecoin issued by #Paxos Trust Company and is designed as an ERC-20 token compatible with Ethereum. It is PayPal's sole stablecoin supported on its payment platform and has been integrated into various Web3 applications and cryptocurrency exchanges.
PayPal has expanded PYUSD's accessibility by partnering with #Anchorage Digital, launching on Solana, and collaborating with MoonPay for cryptocurrency purchases. Despite its growth, PYUSD remains significantly smaller than its rivals, Tether (USDT) and USD Coin (USDC), which have market capitalizations of approximately $118 billion and $35 billion, respectively.
If you enjoy my content, feel free to tip me ā¤ļø
#Binance
#crypto2024