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BlackRock’s BUIDL fund distributed a record $4.17 million in dividends in March, totaling $25.4 million since inception. The fund, tokenizing US Treasuries and cash equivalents, is gaining traction in on-chain finance. Its AUM reached $1.93 billion, with USDtb using BUIDL for 90% backing. MakerDAO may invest $500 million in BUIDL.
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