Moya(@Moya_2025 ):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

Moya

@Moya_2025

Independent Researcher Economics @LSEnews Prev. Special Situations HF

Joined May 2025

702 Following 302 Followers

Moya@Moya_2025

2026.05.04 06:37

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