KEYTAKEAWAYS
- Circle launches Bridge Kit to simplify cross-chain stablecoin development, easing CCTP integration and promoting broader USDC adoption.
- BlackRock’s BUIDL fund deploys $500M more to Aptos, boosting tokenized RWA assets and strengthening institutional blockchain integration.
- Decentralized oracle network APRO secures strategic funding to enhance blockchain data reliability and expand the decentralized data ecosystem.
CONTENT
CIRCLE LAUNCHES BRIDGE KIT FOR CROSS-CHAIN STABLECOIN DEVELOPMENT
On October 22, Circle CEO Jeremy Allaire announced the launch of a new developer toolkit called Bridge Kit, designed to simplify the building of cross-chain stablecoin applications and streamline access to the Cross-Chain Transfer Protocol (CCTP).
Bridge Kit essentially serves as an abstraction layer and integration toolkit for developers. It encapsulates the complex underlying mechanisms of CCTP — such as signature proof handling and multi-chain communication — into simple APIs, allowing developers to build cross-chain stablecoin applications without deep technical expertise. This significantly lowers the barrier to innovation, enabling teams to focus on application logic and user experience, while further promoting USDC adoption and liquidity unification across multiple chains.
BLACKROCK’S BUIDL FUND DEPLOYS ANOTHER $500 MILLION TO APTOS
On October 22, BlackRock’s Digital Liquidity Fund (BUIDL) added another $500 million worth of tokenized assets on the Aptos network, making it the second-largest blockchain by BUIDL fund allocation, behind only Ethereum. As of writing, the total value of tokenized RWA assets on Aptos has surpassed $1.2 billion, ranking third globally.
The BUIDL fund, jointly launched by BlackRock and tokenization infrastructure provider Securitize, is backed by cash, U.S. Treasuries, and repo agreements — low-risk, high-liquidity assets. Initially deployed on Ethereum in March 2024, it expanded to Aptos and other chains in November 2024. This move underscores the accelerating trend of traditional finance giants integrating blockchain infrastructure, with Aptos emerging as a key gateway for institutional on-chain asset deployment due to its high performance, security, and low fees.
DECENTRALIZED ORACLE NETWORK APRO SECURES STRATEGIC FUNDING ROUND
On October 22, decentralized oracle network APRO announced the completion of a new strategic funding round, led by EASY Residency under YZi Labs, with participation from Gate Labs, WAGMI Venture, and TPC Ventures. The exact amount was not disclosed.
From an industry infrastructure perspective, oracles play a crucial role as the middleware connecting blockchains with real-world data. Their reliability determines the quality and security of external data available to on-chain applications, making APRO’s growth a key part of the evolving decentralized data ecosystem.
