Moya
@Moya_2025
Independent Researcher
Economics @LSEnews
Prev. Special Situations HF
702 Following 302 Followers
54 addresses hold $2.74 billion in BUIDL. Average $50.7 million per address. Note this is one of the most integrated tokenized MMFs on the market.
BUIDL's "USDC redemption": Circle burns token → Circle liquidates reserve position → Fedwire wire to user's bank
Just the same as BUIDL redemption: Securitize burns token → BlackRock liquidates Treasury position → BNY Mellon wires proceeds via Fedwire
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