BlackRock USD
BUIDLPrice
$1.00
0.00% off peg
Market Cap
$2.61B
Market Cap
$2.61B
Dominance
0.84%
Price
$1.00
% Off Peg
0.00%
24h Supply
+0.17%
7d Supply
+9.70%
30d Supply
+9.65%
Networks
8
Circulating Supply
Total BUIDL across all chains
Chain Distribution
Current supply by network
About BlackRock USD
The BlackRock USD Institutional Digital Liquidity Fund is represented by the blockchain-based BUIDL token, is fully backed by cash, U.S. Treasury bills, and repurchase agreements, and will provide yield paid out via blockchain rails every day to token holders, according to a press release.
Mint & redeem
BUIDL seeks to offer a stable value of $1 per token and pays daily accrued dividends directly to investors' wallets as new tokens each month. The Fund invests 100% of its total assets in cash, U.S. Treasury bills, and repurchase agreements, allowing investors to earn yield while holding the token on the blockchain. Investors can transfer their tokens 24/7/365 to other pre-approved investors. Fund participants will also have flexible custody options allowing them to choose how to hold their tokens.
