Binance, the world’s largest cryptocurrency exchange by daily trading volume, has officially added BlackRock-backed BlackRock USD Institutional Digital Liquidity Fund (BUIDL) as a collateral option for crypto trading. This strategic move allows millions of Binance users to leverage BUIDL stablecoins when trading, marking a significant step in bridging traditional finance with the cryptocurrency ecosystem.
The integration of BUIDL underscores Binance’s commitment to expanding its institutional client base and strengthening relationships with traditional financial entities. Catherine Chen, Binance’s Head of VIP and institutional adoption, highlighted that supporting BUIDL meets the needs of banking triparty partners and crypto-native custody providers, enabling clients to scale their allocations while maintaining compliance standards. BUIDL tokens, issued in collaboration with Securitize and largely backed by U.S. treasury bills, offer institutional traders a reliable yield of around 4%, making them an attractive option for both liquidity and stability.
Carlos Domingo, CEO of Securitize, emphasized the competitive advantage BUIDL provides, noting that its high liquidity allows holders to borrow more efficiently and trade confidently. The move reflects a broader trend in capital markets where legacy systems are being reimagined through blockchain technology, offering more transparency and efficiency than traditional siloed ledgers.
For Binance, the addition of BUIDL is poised to increase both liquidity and institutional confidence. The exchange, with over 297 million registered users globally, has seen stablecoin reserves grow by more than $5.76 billion in the past 30 days, according to CryptoQuant. This surge in liquid assets aligns with Binance’s ongoing efforts to provide products that meet the evolving needs of retail and institutional investors alike. The integration also positions Binance to benefit from mainstream adoption of stablecoins as a low-risk, high-utility tool within the crypto ecosystem.
On the BlackRock side, listing BUIDL on Binance significantly enhances its market visibility and trading volume. Currently accessible on Ethereum, Solana, Arbitrum, and Aptos, BUIDL will soon expand to the BNB chain, broadening its reach and usability. With a market cap of approximately $2.5 billion at press time, BUIDL’s availability on Binance strengthens its competitive positioning against other major USD-backed stablecoins such as Tether (USDT) and Circle’s USDC, paving the way for wider adoption among institutional and retail traders.
This development represents a pivotal moment for both Binance and BUIDL. By merging traditional finance credibility with crypto market infrastructure, the collaboration signals a future where stablecoins play a central role in bridging institutional finance with decentralized markets. As BUIDL gains traction on Binance and other exchanges, its influence on market liquidity, trading efficiency, and mainstream adoption of digital assets is expected to grow substantially.
