Dependency graph (protocols depended upon)
BlackRock USD Institutional Digital Liquidity Fund (BUIDL)'s assessment for RD-F-050 — scored yellow on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.
Evidence summary #
Three material external dependencies: (1) Circle BUIDL Off-Ramp (0x31d3f59ad4aac0eee2247c65ebe8bf6e9e470a53) — on-chain USDC redemption; (2) Securitize platform — whitelist admin and transfer agent; (3) BNY Mellon — off-chain custodian. Dependencies documented but some have no on-chain redundancy.
Sources #
- Etherscanhttps://etherscan.io/address/0x31d3f59ad4aac0eee2247c65ebe8bf6e9e470a53retrieved 2026-04-26
- https://www.circle.com/pressroom/circle-announces-usdc-smart-contract-for-transfers-by-blackrocks-buidl-fund-investorsretrieved 2026-04-26
Methodology #
List all external protocols whose failure would directly impair this protocol (LST providers, bridges, stablecoin issuers, keepers).
See the full factor methodology and distribution across all protocols →
rubric_version v1.7.0 protocol blackrock-buidl factor RD-F-050 score yellow collected_at 2026-05-12 09:40:42