Circle launches USDC smart contract for investor transfers in BlackRock’s BUIDL fund
Circle, a global digital fintech company and issuer of USDC, announced the launch of a new smart contract feature that will allow holders of the BlackRock USD Institutional Digital Liquidity Fund (BUIDL) to transfer their shares to Circle in exchange for USDC. The smart contract provides BUIDL investors with near-instant, 24x7 exit from BUIDL, bringing the core benefits of speed, transparency and efficiency of tokenized assets.
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