Hassan Maishera
On Tuesday, the Avalanche Foundation announced via X that deUSD has launched on the Avalanche blockchain thanks to its partnership with BlackRock’s Securitize. Elixir’s deUSD RWA Institutional Program provides DeFi with over $1B of tokenized RWAs.
Through Elixir’s RWA program, holders of BlackRock’s USD Institutional Digital Liquidity (BUIDL) Fund and other Securitize-issued tokenized assets can now access deUSD liquidity in DeFi while continuing to earn yields from their underlying investments. With 1:1 USDC redemption through atomic on-chain liquidity, deUSD offers a secure, efficient gateway for institutional-grade DeFi engagement.
Avalanche is an open-source platform for launching Decentralized Finance (DeFi) applications and enterprise blockchain deployments in an interoperable, highly scalable ecosystem.AVAX is down 4% today and currently trades at $33.96 per coin.
