The Frax community has voted to pass FIP-418 to use BlackRock's USD Institutional Digital Liquidity Fund (BUIDL) as backing collateral for the Frax-USD (frxUSD) stablecoin. According to the ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Decentralised stablecoin cryptocurrency protocol Frax ...

LAS VEGAS, Jan. 2, 2025 /PRNewswire/ -- Frax Finance, a decentralized stablecoin cryptocurrency protocol, today announced the launch of a new stablecoin, frxUSD, that will leverage BlackRock's ...

Frax Protocol will use BlackRock’s BUIDL fund to collateralize its frxUSD stablecoin, ensuring stability and yield. The BUIDL-backed frxUSD is part of a growing trend of yield-bearing stablecoins tied ...

Frax Finance’s frxUSD will now be backed by the BlackRock BUIDL Fund. The DeFi project aims to bridge DeFi and CeFi with the frxUSD stablecoin. The number of stablecoin issuers is growing, with ...

Frax Finance introduces frxUSD, backed by BlackRock’s $648M BUIDL fund. Frax's frxUSD aims for stability with 1:1 USD peg and direct fiat conversion. BlackRock’s BUIDL fund aims to minimize risk, ...

Frax’s frxUSD is backed by BlackRock’s BUIDL Fund, offering stablecoin yield and blending DeFi with traditional finance. frxUSD maintains a 1:1 U.S. dollar peg and enables direct fiat conversion via ...

Running until Jan. 19, the exhibit features a range of art and artifacts from the Native American community, some dating back ...

Securitize’s proposal to add BlackRock’s BUIDL token as a backing for Frax’s USD stablecoin has been approved. Frax is now launching the frxUSD stablecoin. Securitize's proposal to make BlackRock’s ...

The proposal, known as FIP-418, passed unanimously after six days of voting. The Frax community has approved a proposal to use BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) as ...

The 45-year-old architect had mostly designed temporary structures before becoming the first woman to design a wing at the country’s largest art museum. By Robin Pogrebin Giuseppe Terragni ...

Clark University professor Daniel Black’s latest novel is a tender coming-of-age story about growing up Black and queer and ultimately wringing some grace from a harsh upbringing. “Isaac’s Song” will ...