BlackRock Real World assets can now be exchanged in USD.

As Circle announces its infrastructure, the financial system is undergoing a transformation. Investors holding shares in BlackRock's USD Institutional Digital Liquidity Fund (BUIDL) can now seamlessly exchange their real-world assets for USDC.

This new smart contract functionality promises to bring unprecedented speed, transparency and efficiency to how investors interact with their assets.

Converting BlackRock Real World assets to USDC

“Tokenization of real-world assets is a rapidly emerging product category,” said Circle CEO Jeremy Allaire. He also emphasized the importance of this innovation.

“USDC allows investors to quickly exit tokenized assets, reducing costs and eliminating friction. We are excited to offer this functionality to BUIDL investors and to facilitate blockchain transactions through the USDC offering,” Allaire added.

The introduction of BUIDL is a major milestone in the property token journey. Blockchain technology hints at a future of finance that bridges the gap between digital and real-world assets. The seamless integration offered by this fund demonstrates the potential of blockchain in reshaping the financial industry.

Read more: What are Tokenized Real-World Assets (RWA)?

With Circle's latest state-of-the-art contract operation, the transfer of BlackRock BUIDL shares to USDC on the secondary market will be seamless. This innovation ensures that investors who wish to sell their BUIDL shares retain their position in the market.

USDC's trusted and transparent nature makes it an ideal choice for those looking for a stable and reliable digital currency. So this development is a big step in the evolution of digital finance, giving investors more flexibility and control over their assets.