@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.