Frax Finance proposes launching frxUSD and sfrxUSD to innovate stablecoins with advanced security and utility features. Frax ...
Frax Finance is considering a proposal by Securitize Markets to integrate BlackRock's BUIDL token as collateral for its upcoming Frax USD stablecoin. The BUIDL token, backed by over $530 million ...
The Frax community has shown overwhelming support for the motion, with early voting trends signaling unanimous approval for ...
The proposal is still subject to a community vote before BUIDL — which invests in United States government securities — is added as a reserve asset for the proposed Frax USD stablecoin.
The proposal, submitted as a Frax Securitize, the brokerage behind the tokenized BlackRock US Dollar Institutional Digital Liquidity Fund (BUIDL), has proposed adding BUIDL as collateral for the ...
The vote to decide if BlackRock's USD Institutional Digital Liquidity Fund will be a reserve asset for the proposed ...
Wallets linked to North Korean hackers used the MetaMask routing service for small-scale direct swaps, raising concerns about ...
Securitize has proposed BUIDL to back Frax USD stablecoin. BUIDL is acting as collateral for Ethena’s USDtb. Superstate has also submitted two proposals to back Frax’s USD stablecoin. Securitize deal ...
Frax Finance has opened a community voting session to decide on adopting BlackRock’s USD Institutional Digital Liquidity Fund ...
It also provides Frax USD utility, relative safety, and convenience. If the proposal gets passed the Frax USD will likely follow the pathway of stable coins like Ethena’s USDtb in adopting BUIDL as ...