On November 29, the decentralized exchange Curve announced that it has partnered with the blockchain network Elixir to expand BlackRock's tokenized money market fund (BUIDL) access to decentralized finance (DeFi).

Curve stated that token holders will soon be able to utilize BlackRock's BUIDL to mint Elixir's yield-bearing stablecoin deUSD, and Curve added: "Up to $1 billion of institutional real-world assets (RWA) can now be minted into deUSD, a yield-bearing synthetic dollar token."