Tokenization platform Securitize has partnered with Grove to launch Basin, a programmable credit infrastructure aimed at providing stablecoin liquidity for tokenized funds. Basin will initially support $1 billion in daily committed liquidity, with BlackRock participating as a launch partner. The facility is designed to address settlement friction in tokenized finance, offering BUIDL investors a deep liquidity redemption path for USDC on Ethereum through Grove.
Securitize and Grove Launch Basin for Tokenized Fund Liquidity
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