Crypto.com and Deribit Approve BlackRock’s BUIDL as Trading Collateral

TL;DR Crypto. com and Deribit start accepting the tokenized BUIDL fund as collateral today, adding an alternative to USDT and USDC. BUIDL offers a 4. 5% annual yield and allows institutional traders to diversify collateral in spot, futures, and options markets. Ethena Labs integrated BUIDL into its USDtb Liquidity Fund, enabling instant swaps for stablecoins and new. . . source: https://crypto-economy.com/crypto-com-and-deribit-approve-blackrocks-buidl-as-trading-collateral/