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#buidl — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #buidl, aggregated by home.social.

  1. ✨ The Python Uniswap Universal Router SDK v3.0.0 has been released! ✨

    Mainly technical improvements, but this version adds support for the UR v2.1.1 swaps, introducing breaking changes.

    Another change worth noticing: async support !🚀

    #Ethereum | #web3 | #programming | #coding | #crypto | #python | #uniswap | #DeFi | #buidl

  2. BlackRock's BUIDL fund hits $1B in AUM! 🎉 The Block reports it's the first institutional on-chain fund to reach this milestone. Backed by U.S. Treasury bonds, it offers daily yields to qualified investors, acting like an on-chain stablecoin. #DeFi #BlackRock #BUIDL #TreasuryBonds

    #crypto #blockchain #news

  3. @daedalean @GhostOnTheHalfShell

    > "so wait, they created a cryptocurrency that’s (hypothetically) backed by USD cash reserves?"

    they created *many* such cryptocurrencies (though Tether USDT and Circle USDC are the overwhelming majority of the market, recently everyone is launching their own #stablecoin bc it's insanely profitable to collect interest from the US govt and not pay any to your customers. for instance blackrock has a stablecoin #BUIDL and paypal has one #PYUSD)

    > "So it’s like having USD in a bank but with crypto?"

    that's exactly what it's like.

    > "ok, think I get it. It’s a loophole for those (eg russian oligarchs) who are banned from us financial systems to be able to keep USD on hand"

    you have understood perfectly. "banking the unbankable" is what i call it (the crypto industry calls it "banking the unbanked")

    i wrote a long thing about how Tether works, which BTW is partially owned and run by a member of Trump's cabinet (#HowardLutnick)

    cryptadamus.substack.com/p/tru

  4. @daedalean @GhostOnTheHalfShell

    > "so wait, they created a cryptocurrency that’s (hypothetically) backed by USD cash reserves?"

    they created *many* such cryptocurrencies (though Tether USDT and Circle USDC are the overwhelming majority of the market, recently everyone is launching their own #stablecoin bc it's insanely profitable to collect interest from the US govt and not pay any to your customers. for instance blackrock has a stablecoin #BUIDL and paypal has one #PYUSD)

    > "So it’s like having USD in a bank but with crypto?"

    that's exactly what it's like.

    > "ok, think I get it. It’s a loophole for those (eg russian oligarchs) who are banned from us financial systems to be able to keep USD on hand"

    you have understood perfectly. "banking the unbankable" is what i call it (the crypto industry calls it "banking the unbanked")

    i wrote a long thing about how Tether works, which BTW is partially owned and run by a member of Trump's cabinet (#HowardLutnick)

    cryptadamus.substack.com/p/tru

  5. Blackrock Targets $3 Trillion Crypto Derivatives Market, Quietly Pushing Game-Changing Token - Blackrock, the world’s largest asset manager, is reportedly seeking to disrupt the... - news.bitcoin.com/blackrock-tar #cryptocurrency #hiddenroad #securitize #blackrock #finance #binance #deribit #falconx #crypto #buidl #okx

  6. Blackrock Targets $3 Trillion Crypto Derivatives Market, Quietly Pushing Game-Changing Token - Blackrock, the world’s largest asset manager, is reportedly seeking to disrupt the... - news.bitcoin.com/blackrock-tar #cryptocurrency #hiddenroad #securitize #blackrock #finance #binance #deribit #falconx #crypto #buidl #okx

  7. BlackRock's BUIDL becomes the world’s largest tokenized treasury fund - It took less than six weeks for the BlackRock USD Institutional Digital ... - cointelegraph.com/news/blackro #blackrockusdinstitutionaldigitalliquidityfund #franklinonchainu.s.governmentmoneyfund #franklintempleton #u.s.treasurys #realestate #blackrock #buidl #benji #stock

  8. BlackRock's BUIDL becomes the world’s largest tokenized treasury fund - It took less than six weeks for the BlackRock USD Institutional Digital ... - cointelegraph.com/news/blackro #blackrockusdinstitutionaldigitalliquidityfund #franklinonchainu.s.governmentmoneyfund #franklintempleton #u.s.treasurys #realestate #blackrock #buidl #benji #stock