Avalon Labs backs BlackRock’s BUIDL Fund

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PANews
03-27
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PANews reported on March 27 that the stablecoin issuer Avalon Labs officially announced support for the BUIDL fund launched by BlackRock through the Securitize platform. Avalon Labs will integrate RWA returns into its yield-generating Bitcoin stablecoin $sUSDa. Users holding $sUSDa can directly benefit from U.S. Treasury yields and Bitcoin on-chain returns, achieving dual income growth.

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