Home BlockchainUniswap is bringing BlackRocks $2.2 billion BUIDL to DeFi, but the trade access comes with a catch

Uniswap is bringing BlackRocks $2.2 billion BUIDL to DeFi, but the trade access comes with a catch

by CryptoNews
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How BlackRock lost control of the $10B tokenized Treasury market to Circle for one simple, mechanical reason

BUIDL holders can swap into USDC through UniswapX RFQs, but only via whitelisted market makers and gated participation.

On Feb. 11, Uniswap announced that BlackRock’s $2.2 billion USD Institutional Digital Liquidity Fund (BUIDL) would trade on UniswapX via a partnership with Securitize.

The integration enables BUIDL holders to swap into USDC via an on-chain request-for-quote system…

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