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Circle Launches USDC Exchange for BlackRock’s BUIDL Shares

Circle Launches USDC Exchange for BlackRock’s BUIDL Shares


CoinGape
2024-04-12 05:30:43

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 The post Circle Launches USDC Exchange for BlackRock’s BUIDL Shares appeared first on CoinGape .


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