BlackRock's sBUIDL Integrates US Treasurys into DeFi
Share
BlackRock has launched sBUIDL, a new initiative that brings US Treasurys onto blockchain networks, marking a significant advancement in the integration of traditional finance (TradFi) with decentralized finance (DeFi). This move aims to bridge the gap between real-world assets and the crypto ecosystem, offering a new avenue for investors to access government bonds through blockchain technology. The integration of US Treasurys onchain is expected to enhance liquidity and accessibility, providing a secure and efficient way for DeFi platforms to incorporate traditional financial instruments.Source:Show Original
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.