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BounceBit Shakes Up Crypto: Bitcoin Trading Now Backed by BlackRock’s BUIDL
BounceBit Shakes Up Crypto: Bitcoin Trading Now Backed by BlackRock’s BUIDL
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Wall Street meets DeFi—BounceBit just flipped the script by using BlackRock’s institutional-grade BUIDL as collateral for Bitcoin trades. Who said old-school finance and crypto can’t play nice?
How it works: The platform lets traders leverage Bitcoin positions with BlackRock’s digital asset framework—because nothing says ’trust’ like slapping a trillion-dollar asset manager’s name on your collateral.
The kicker? This could be the Trojan horse that finally forces traditional finance to take crypto seriously. Or just another way for hedge funds to repackage risk—you decide.
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