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

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

Frax is not just keeping pace with the future of finance-it's shaping it." Stablecoin Transition: Frax's flagship stablecoin, FRAX, will rebrand to frxUSD, offering direct fiat redemption ...

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

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