Tempo Brings BlackRock’s BUIDL to Businesses in New Treasury Partnership
U.S. Treasuries
Stripe-incubated blockchain Tempo has integrated BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) to provide businesses with onchain yield-generating opportunities. This partnership allows eligible users to allocate idle stablecoin balances into BUIDL, a fund backed by U.S. Treasury bills and cash, without exiting the blockchain ecosystem. The integration utilizes Securitize for tokenization infrastructure and RedStone for daily onchain valuation and interest accrual feeds. By enabling businesses to earn yield on their digital cash, Tempo aims to transform idle capital into productive treasury assets within its institutional-focused network. This development reflects a broader market shift where infrastructure providers are competing to integrate regulated financial products directly into onchain workflows. With the tokenized Treasury sector now exceeding $8 billion in total value, BUIDL remains the largest fund in the category with over $3 billion in assets. This move aligns with BlackRock’s strategic goal of reaching $500 million in annual digital asset revenue by 2030 through tokenized funds and stablecoin reserve management.
Key points
- ▸Tempo integrated BlackRock’s BUIDL fund to enable onchain yield for institutional stablecoin holders.
- ▸Securitize provides tokenization infrastructure, while RedStone delivers daily onchain valuation and interest feeds.
- ▸Tokenized U.S. Treasuries have grown to over $8 billion, with BUIDL representing $3 billion.
- ▸The integration allows businesses to earn U.S. dollar yield without returning to traditional banking.
Background
BlackRock’s BUIDL is a tokenized money market fund issued on the Ethereum blockchain that provides investors with daily yield through U.S. Treasury bills, cash, and repurchase agreements. It is designed to offer institutional investors a way to maintain liquidity and transparency while earning returns on their digital assets. The fund is managed by BlackRock Financial Management, Inc. and utilizes Securitize as the transfer agent and tokenization platform.
Relevance
8.5/10