BlackRock USD(BUIDL)
Market Cap$2.964b
Price$1
Total Circulating2.964b
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 | +0.01% | -2.34% | -19.79% | 1.017b | ||
| 0 | 0% | +34.22% | +40.41% | 784.99m | ||
| 0 | -7.44% | -5.24% | +147% | 571.49m | ||
| 0 | +10.11% | -33.71% | +119% | 414.39m | ||
| 0 | +0.01% | +0.07% | -78.33% | 110.25m | ||
| 0 | +0.01% | +0.06% | +0.28% | 26.2m | ||
| 0 | +0.01% | +0.06% | +0.28% | 25.54m | ||
| 0 | +0.01% | +0.07% | +0.30% | 14.17m |