Circle enables the conversion of BUIDL shares into USDC with new smart contract functionality. Investors in BlackRock's BUIDL fund can convert their shares into USDC around the clock. BlackRock's BUIDL fund saw $240 million in investments in its first week. Circle, the issuer of the USD Coin (USDC) stablecoin, has unveiled a new smart contract functionality that allows investors in BlackRock's USD Institutional Digital Liquidity Fund (BUIDL) to [...]
The post [BlackRock's BUIDL fund now convertible to USD Coin (USDC) after the integration of Circle](https://coinjournal.net/news/blackrocks-buidl-fund-now-convertible-to-usd-coin-usdc-after-circle-integration/) was first published on [CoinJournal](https://coinjournal.net).