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 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 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 ...

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 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 ...

Bulgaria and Romania rang in the new year with full entry to the European Union’s passport-free Schengen area, promising a fresh boost to their economies. The lifting of controls at land borders ...

Romania and Bulgaria have become full members of the Schengen zone, expanding the borderless area to 29 members and ending a 13-year wait for the two Eastern European countries. The expansion ...

Romania and Bulgaria have become full members of the European Union’s border-free Schengen area after scrapping land border controls in the bloc. The expansion was officially introduced at ...

Two EU nations, Romania and Bulgaria, are eliminating land border controls to the rest of the bloc after Austria dropped its veto last month. All EU countries except Cyprus and Ireland are now in ...

Jan 1 (Reuters) - Romania and Bulgaria scrapped land border controls to become full members of the European Union's Schengen free-travel area on Wednesday, joining an expanded bloc of countries ...

Romania and Bulgaria officially joined the EU's visa-free Schengen zone on January 1 despite having been European Union members since 2007. Their delayed accession to the now 29-nation zone had ...