
Securitize has launched conversions between Circle's stablecoin (USDC) and U.S. dollars for BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL). The collaboration aims to lower costs and streamline the investment process for traditional finance players. BUIDL tokens are issued on Ethereum, and blockchain infrastructure firm Zero Hash will handle the conversion between dollars and digital assets. The move enhances on-chain settlement and liquidity for institutional investors, offering near-instantaneous transactions and enabling investment in U.S. Treasury-backed assets. Source: Decrypt
