BlackRock USD(BUIDL)
Market Cap$3.054b
Price$1
Total Circulating3.054b
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 | +0.01% | +0.51% | +1.53% | 1.023b | ||
| 0 | 0% | 0% | +4.69% | 821.86m | ||
| 0 | +0.01% | -0.95% | +10.25% | 630.25m | ||
| 0 | +0.01% | +0.07% | -1.76% | 402.6m | ||
| 0 | +0.01% | +0.07% | +0.31% | 110.62m | ||
| 0 | +0.01% | +0.06% | +0.28% | 26.28m | ||
| 0 | +0.01% | +0.06% | -1.29% | 25.22m | ||
| 0 | +0.01% | +0.07% | -1.68% | 13.94m |