Frax Finance, a “decentralized” stablecoin cryptocurrency protocol, has recently announced the launch of a new stablecoin, frxUSD, that will leverage BlackRock’s USD Institutional Digital ...
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 ...
This development follows a successful integration vote by the Jellyverse DAO. By locking up cryptocurrencies as collateral, users can issue jAssets such as jNVDA (Nvidia), jMSTR (MicroStrategy), jAAPL ...
Prominent analytics firm Santiment says a handful of low-cap altcoins are seeing a drastic rise in the count of new wallets ...
Following the vote, Frax Finance founder Sam Kazemian said in a statement: “FrxUSD combines the transparency and programmability of blockchain technology with the trust and stability of ...
Frax Finance , a decentralized stablecoin Cryptocurrency protocol, today announced the launch of a new stablecoin, frxUSD, that will leverage BlackRock's USD Institutional Digital Liquidity Fund ...
Recently, the newly launched stablecoin by Frax Finance will be collateralized with the BlackRock’s United States Dollar Institutional Digital Liquidity Fund, colloquially called BUIDL. It is a ...