Grove launches a $1 billion liquidity facility to support BlackRock's BUIDL and other tokenized funds for instant redemption
Blockchain credit infrastructure company Grove has launched a liquidity network called Basin, which can initially provide up to $1 billion in stablecoin liquidity daily to support instant redemptions for tokenized U.S. Treasury funds such as BlackRock BUIDL and Janus Henderson Anemoy Treasury Fund (JTRSY).
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