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sBUIDL, BlackRock’s tokenized treasury fund, explained

sBUIDL can be used as collateral, traded or deployed in DeFi protocols while maintaining exposure to yield from underlying Treasurys.

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Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

sBUIDL, BlackRock’s tokenized treasury fund, explained

sBUIDL can be used as collateral, traded or deployed in DeFi protocols while maintaining exposure to yield from underlying Treasurys.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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