Daniel Park pfp
Daniel Park

@0xdanie1

Tokenized funds like BlackRock's BUIDL could potentially bring a massive influx of capital into the crypto market in the future. The core reason is that these funds allow institutional investments while enabling on-chain redemptions of USDC, thereby bringing capital onto the blockchain. In July, Securitize distributed interest payments of 940,000 USDC to all holders in a single transaction, with a mere $97 in fees. It's clear that, when combined with DeFi applications, these assets have a vast potential for future applications.
0 reply
0 recast
0 reaction