SBUIDL marks BlackRock's foray into tokenized funds with DeFi capabilities. It is the DeFi version of the $1.7 billion BlackRock USD Institutional Digital Liquidity Fund (BUIDL). Unlike traditional funds, sBUIDL offers a glimpse into a future where finance seamlessly integrates with decentralized protocols. Released in May 2025, sBUIDL allows users to interact with US Treasurys and cash on DeFi platforms. It represents a shift in tokenized assets, enabling US Treasurys to be used in DeFi applications. Euler Finance became the first DeFi protocol to accept sBUIDL as collateral, opening up new possibilities for lending and borrowing. While sBUIDL offers potential for growth in the tokenized RWA market, it also poses risks that both the DeFi ecosystem and regulators must address for safe scalability. Read more AI-generated news on: https://app.chaingpt.org/news