$CRV
The collaboration between Curve decentralized exchange and blockchain network Elixir indeed aims to expand access to BlackRock's tokenized money market fund (BUIDL) for decentralized finance (DeFi). According to Curve's statement, token holders will be able to use BlackRock's BUIDL as collateral to mint Elixir's yield-bearing stablecoin deUSD. Curve stated that up to $1 billion of institutional real-world assets (RWA) can now be used to mint deUSD, which is a yield-bearing synthetic dollar token. Through this collaboration, deUSD will bring new liquidity and yield opportunities to the DeFi space, while also providing new use cases and investment options for BUIDL token holders.