BlackRock USD(BUIDL)
Market Cap$3.027b
Price$1
Total Circulating3.027b
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 RedemptionBUIDL 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% | +0.06% | -5.15% | 1.011b | ||
| 0 | < 0.0001% | +0.01% | +40.50% | 821.72m | ||
| 0 | < 0.0001% | +0.06% | -4.84% | 573.76m | ||
| 0 | < 0.0001% | +0.06% | -28.89% | 444.35m | ||
| 0 | < 0.0001% | +0.06% | +0.26% | 110.42m | ||
| 0 | < 0.0001% | +0.05% | +0.23% | 26.23m | ||
| 0 | < 0.0001% | +0.05% | +0.23% | 25.58m | ||
| 0 | < 0.0001% | +0.06% | -1.72% | 13.92m |