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David Hoffman
@trustlessstate
Doing some 🕵️♂️ on the @BlackRock token contract The REDEEM function on BUIDL is connected to the USDC token contract There’s onchain convertibility between $USDC and $BUIDL??
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David Hoffman
@trustlessstate
The implications of this are pretty massive BUIDL instantly becomes equivalently liquid as USDC Collateral inside of Aave, MakerDAO, Morpho, etc
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Noah Bragg 🔥
@nbragg
Are they playing with us?!
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Kristi Klaudy
@klaudy
This is interesting. Based on what I was able to find so far is that the DeFi/transactions related to BUILD assets should be available only to pre-approved investors. So I wonder whehter there will be a similar mechanism that Superstate is using? Meaning something like a closed economy.
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Gonna
@gonna
I wonder how someone is explaining the BR directory someone with di... size issues is bot transfering USDC to their contract.
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CasterBites
@casterbites
Congrats! 🥇 Your cast ranked #1 today on CasterBites's ethereum channel! Discover more trending casts at https://www.casterbites.com/bites/ethereum
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Cryptoreumd🎩🛡️🦄🔵
@cryptoreumd
Make a frame with their contract 🤌🏽
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Suffuze
@suffuze.eth
Wowow 🤯
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Dirk Siebels
@disic
That’s amazing, but it’s only in theory for now, right? It would probably be a regulatory bonfire otherwise.
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