Circle transfers 10 million USDC to BlackRock BUIDL Fund
According to monitoring data from Arkham, Golden Finance reported that about three hours ago, stablecoin issuer Circle transferred 10 million USDC to BlackRock's BUIDL Fund. As of now, BlackRock's BUIDL Fund holds more than 90 million USDC.
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Michigan’s state representatives, Bryan Posthumus and Ron Robinson, proposed House Bill 4087 to allow state investments in crypto.If approved, the bill would allow the state treasurer to allocate up to 10% of Michigan’s general and economic stabilization funds to cryptocurrencies.The bill is part of a broader trend: Numerous U.S. states have proposed incorporating crypto into their financial strategies.
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