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Published 28 days ago

Circle Launches USDC Exchange for BlackRock's BUIDL Shares

Summary by Coingape

Circle, the issuer of the prominent stablecoin USDC, announced a significant development in its collaboration with financial giant BlackRock. On April 11, Circle unveiled a novel smart contract functionality. This technology facilitates the transfer of shares from BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) to Circle in exchange for USDC. This initiative marks a pivotal step in the integration of traditional finance with the bur…

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Circle Launches USDC Exchange for BlackRock's BUIDL Shares

Circle, the issuer of the prominent stablecoin USDC, announced a significant development in its collaboration with financial giant BlackRock. On April 11, Circle unveiled a novel smart contract functionality. This technology facilitates the transfer of shares from BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) to Circle in exchange for USDC. This initiative marks a pivotal step in the integration of traditional finance with the bur…

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