BlackRock's BUIDL Fund has achieved a significant milestone by surpassing $500 million in tokenized U.S. Treasuries, utilizing Ethereum and Circle's USDC for settlement. This development marks a pivotal moment in the real-world asset tokenization movement, offering up to 40% reduction in operational costs compared to traditional financial systems. The fund's success highlights a broader shift in traditional finance towards blockchain technology for handling short-term debt and liquidity. Other financial giants like Franklin Templeton are also embracing tokenization, deploying funds on platforms such as Polygon, Stellar, and Aptos. This trend underscores the growing role of public blockchains as essential settlement layers, with stablecoins acting as crucial connectors between regulated finance and open blockchain ecosystems.