USD will be uniquely backed by assets held in BlackRock's BUIDL, which invests in cash, US Treasury bills, and repurchase ...

Frax Finance, a "decentralized" stablecoin cryptocurrency protocol, has recently announced the launch of a new stablecoin, frxUSD.

Frax Finance has launched the frxUSD stablecoin, backed by BlackRock’s BUIDL fund, merging traditional finance stability with ...

Frax Finance has approved BlackRock's BUIDL fund as collateral for frxUSD, increasing stability and yield potential for ...

Decentralised cryptocurrency protocol stablecoin Frax Finance has launched a new stablecoin, frxUSD, which will run on ...

Frax intends to be the US digital dollar and to establish itself as "the world's most innovative decentralised stablecoin and ...

Frax Finance launches frxUSD stablecoin backed by BlackRock’s BUIDL Fund, bridging blockchain and traditional finance for ...

The Frax community has shown overwhelming support for the motion, with early voting trends signaling unanimous approval for ...

Frax Finance DAO has approved the use of the BlackRock BUIDL token as a reserve asset for the frxUSD stablecoin.

Collaboration with BlackRock to Create a Stable and Transparent frxUSD Backing Frax Finance founder Sam Kazemian praised the decision, noted that the stability of BlackRock's prime treasury ...