Elixir and Securitize have announced the launch of the deUSD RWA Institutional Program, aimed at facilitating DeFi interaction for holders of tokenized assets.
Launch of deUSD RWA Program
After months of development and more than $1 billion in expressed capital interest, the launch of the deUSD RWA Institutional Program marks a significant step towards integrating traditional finance with blockchain.
BlackRock BUIDL's Multi-Chain Strategy
Earlier this year, BlackRock launched its BUIDL token, a digital representation of a fund investing in US Treasury bonds, on multiple blockchains including Aptos, Arbitrum, Avalanche, Optimism, and Polygon.
Stability and Liquidity via deUSD
The deUSD program provides stability and risk mitigation for tokenized asset holders, offering redemption of backing for USDC on a 1:1 basis through existing on-chain mechanisms.
The deUSD RWA program launch marks a vital stage in combining traditional finance with blockchain technology, ensuring stability and liquidity for institutional investors.
