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 ...

The Frax Finance community vote to adopt BlackRock's USD Institutional Digital Liquidity Fund (BUIDL) as a reserve asset for the proposed stablecoin Frax USD (frxUSD) has gone live. According to ...

Anurag Murarka was sentenced to 10 years for laundering $20 million in criminal proceeds via a global hawala and crypto ...

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

This is a MedPage Today story. In late September, Hurricane Helene damaged a major supplier of intravenous (IV) fluids. In this report, we follow up on what has happened since. Hurricane Helene ...

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 ...

The Frax DAO is voting on using BlackRock’s tokenized treasury product as stablecoin collateral with 42 community members already voted in support of the motion. The voting is expected to close ...

The voting period to onboard BlackRock’s USD Institutional Digital Liquidity Fund as a reserve asset for Frax Finance’s new stablecoin, Frax USD, opens on Dec. 27 until Jan. 1, 2025. To make this ...

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 ...

Frax Finance votes on using BlackRock's BUIDL token to back its revamped frxUSD stablecoin, with unanimous support so far. Sui is set to unlock 64 million SUI tokens on January 1, primarily benefiting ...