Frax Finance Looks At Blackrock39s Buidl Token As A Next Gen.jpg

Frax Finance Looks at Blackrock's BUIDL Token as a Next-Gen Reserve Fund



Frax Finance Sees BUIDL Token Blackrock as a Next-Gen Reserve FundFrax Finance, the issuer of the stablecoin frax usd (FRAX), which currently holds ninth place among fiat-pegged tokens by market capitalization, is considering adding Blackrock's BUIDL token as an underlying asset -support. A regulatory vote, expected to end on December 31, 2024, will decide the fate of the proposal. FIP-418: Frax Finance Weight (…)



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