Circle Enables BUIDL Token Swap with USDC

Circle now allows people to swap their BUIDL shares for USDC, a major stablecoin.

BUIDL is a digital fund by BlackRock on Ethereum, offering dollar returns as tokens.

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BlackRock manages the fastest-growing Bitcoin ETF and introduced BUIDL as their first tokenized fund.

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Tokenizing real assets like funds is becoming popular, according to Circle's CEO.

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BlackRock has been involved in crypto for years and works closely with Circle.

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The Circle Reserve Fund, managed by BlackRock, includes cash and short-term U.S. Treasuries.

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