Securitize and Ethena Launch $100M BUIDL Liquidity Facility
Securitize and Ethena Labs have launched a $100 million liquidity facility that lets eligible BUIDL token holders swap into USDC and other stablecoins 24/7.
Securitize and Ethena Labs announced the launch of a $100 million liquidity facility, branded as the BlackRock BUIDL facility, enabling eligible BUIDL holders to exchange their tokens for USDC and other stablecoins at any time.
Facility Overview
Instant Telegram notifications for large on-chain moves.
The facility provides a continuous on‑ramp for BUIDL participants, offering instant conversion into USDC and a range of stablecoins without market‑hour restrictions.
Eligible Participants
Only holders meeting the eligibility criteria set by Securitize and Ethena can access the service, ensuring compliance and targeted liquidity support.
Market Impact
By supplying $100 million of stablecoin liquidity, the facility aims to deepen BUIDL’s market depth and reduce price slippage for traders.
Key facts
- $100 million liquidity pool launched
- Enables 24/7 swaps into USDC and other stablecoins
- Backed by BlackRock under the BUIDL brand
- Operated by Securitize and Ethena Labs
Source: theblock.co
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