RWA Tokenization Race Intensifies As BlackRock’s BUIDL Crosses $1B AUM
BlackRock’s tokenized US Treasury fund, BUIDL, has surged beyond the $1 billion mark, signaling growing interest in real-world asset (RWA) tokenization. This remarkable rise underscores how institutional players are shifting focus toward blockchain-backed financial products. At the same time, Fidelity has joined the race, planning its own Treasury money market fund on Ethereum. BlackRock’s BUIDL […]
Sonic Algorithmic Stablecoin Ignites Debate
Sonic blockchain is grabbing everyone’s attention. Its developers just unveiled a high-yield algorithmic stablecoin. They promise up to 23% annual percentage rate (APR). That is impressive. Yet many in crypto recall the Terra-Luna collapse. That debacle wiped out billions of dollars in days. Sonic’s move has reignited old fears, sometimes called “PTSD,” about algorithmic stablecoins. […]
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