TLDR Crypto · INNOVATION & LAUNCHES

CURVE + ELIXIR + BLACKROCK: A $533M BRIDGE BETWEEN TRADFI AND DEFI

news.curve.fi2 min read

Summary from the TLDR Crypto newsletter

Curve Finance, Elixir, and BlackRock have partnered to integrate BlackRock's $533M tokenized fund (BUIDL) into DeFi to enable vetted participants to mint deUSD, a yield-bearing synthetic dollar. Curve, which hosts the majority of deUSD liquidity, is positioned as the central hub for stablecoin trading, bridging TradFi and DeFi to create more stable, liquid markets.