BlackRock USD(BUIDL)
Market Cap$2.633b
Price$1
Total Circulating2.633b
Stablecoin Information
The BlackRock USD Institutional Digital Liquidity Fund is represented by the blockchain-based BUIDL token, is fully backed by cash, U.S. Treasury bills, and repurchase agreements, and will provide yield paid out via blockchain rails every day to token holders, according to a press release.
Category:fiat-backed
Minting and Redemption
BUIDL seeks to offer a stable value of $1 per token and pays daily accrued dividends directly to investors' wallets as new tokens each month. The Fund invests 100% of its total assets in cash, U.S. Treasury bills, and repurchase agreements, allowing investors to earn yield while holding the token on the blockchain. Investors can transfer their tokens 24/7/365 to other pre-approved investors. Fund participants will also have flexible custody options allowing them to choose how to hold their tokens.
Audits:No
Stablecoins Usage by Chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0 | < 0.0001% | +13.18% | +14.52% | 1.158b | ||
| 0 | < 0.0001% | -18.46% | +65.65% | 736.05m | ||
| 0 | < 0.0001% | -13.19% | -4.60% | 547.36m | ||
| 0 | < 0.0001% | -54.97% | +0.18% | 110.62m | ||
| 0 | < 0.0001% | +0.06% | +0.25% | 26.3m | ||
| 0 | < 0.0001% | +0.06% | -4.25% | 24.49m | ||
| 0 | < 0.0001% | +0.07% | -90.97% | 16.13m | ||
| 0 | < 0.0001% | -1.83% | -1.63% | 13.69m |