Avalon Labs backs BlackRock’s BUIDL Fund

PANews reported on March 27 that stablecoin issuer Avalon Labs officially announced its support for the BUIDL fund launched by BlackRock through the Securitize platform. Avalon Labs will integrate RWA income into its income-generating Bitcoin stablecoin $sUSDa. Users holding $sUSDa can directly benefit from U.S. Treasury bond income and Bitcoin on-chain income, achieving double income growth.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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