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Uncategorized

BlackRock Promotes BUIDL Token as Collateral for Derivatives

1 min - Around 2 mins mins to read

Key Points:

  • According to Bloomberg, BlackRock promotes BUIDL token as collateral for derivatives trading, engaging major cryptocurrency exchanges such as Binance, OKX, and Deribit in early discussions about incorporating BUIDL into their platforms.
BlackRock promotes BUIDL token as collateral for crypto derivatives, engaging Binance, OKX, and Deribit to expand its use in trading. 
BlackRock Promotes BUIDL Token as Collateral for Derivatives

BlackRock Promotes BUIDL Token as Collateral in Crypto Trades

BlackRock is actively pushing its BUIDL token as collateral for trading in cryptocurrency derivatives. The company is in active discussions with major exchanges such as Binance, OKX, and Deribit on integrating the BUIDL token as collateral on their platforms. It’s a US dollar-pegged token collateralized by real-world assets that could disrupt the use of collateral in crypto, according to Bloomberg.

Read more: Ethena Stablecoin UStb Launched With Fully Backed by BUIDL Fun

Securitize and BlackRock Push BUIDL for Crypto Collateral

Backed by BlackRock, Securitize released the BUIDL token on Ethereum is said to maintain a dollar peg via U.S. Treasurys and repo agreements. Early adoption from major crypto brokerages such as FalconX and Hidden Road speak to growing confidence in BUIDL as an attractive collateral option for crypto derivatives that, in turn, further cements its credibility in the market.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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William

In the fast-paced world of day trading, I've honed my skills for over six years using technical analysis tools and crafting short-term strategies. My expertise isn't from textbooks but from the trenches of online trading communities. I excel at reading chart patterns, applying technical analysis, and mastering risk management. "The market is about probabilities," I declare. As Editor at Coincu, I empower readers with the insights and strategies to conquer the dynamic world of day trading.
Uncategorized

BlackRock Promotes BUIDL Token as Collateral for Derivatives

Key Points:

  • According to Bloomberg, BlackRock promotes BUIDL token as collateral for derivatives trading, engaging major cryptocurrency exchanges such as Binance, OKX, and Deribit in early discussions about incorporating BUIDL into their platforms.
BlackRock promotes BUIDL token as collateral for crypto derivatives, engaging Binance, OKX, and Deribit to expand its use in trading. 
BlackRock Promotes BUIDL Token as Collateral for Derivatives

BlackRock Promotes BUIDL Token as Collateral in Crypto Trades

BlackRock is actively pushing its BUIDL token as collateral for trading in cryptocurrency derivatives. The company is in active discussions with major exchanges such as Binance, OKX, and Deribit on integrating the BUIDL token as collateral on their platforms. It’s a US dollar-pegged token collateralized by real-world assets that could disrupt the use of collateral in crypto, according to Bloomberg.

Read more: Ethena Stablecoin UStb Launched With Fully Backed by BUIDL Fun

Securitize and BlackRock Push BUIDL for Crypto Collateral

Backed by BlackRock, Securitize released the BUIDL token on Ethereum is said to maintain a dollar peg via U.S. Treasurys and repo agreements. Early adoption from major crypto brokerages such as FalconX and Hidden Road speak to growing confidence in BUIDL as an attractive collateral option for crypto derivatives that, in turn, further cements its credibility in the market.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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