Frax Finance, the issuer of the stablecoin frax usd (FRAX), which currently holds the ninth spot among fiat-pegged tokens by market capitalization, is weighing the addition of Blackrock’s BUIDL token as a reserve backing asset. A governance vote, scheduled to wrap up on Dec. 31, 2024, will decide the proposal’s fate. FIP-418: Frax Finance Weighs […]
Source: https://news.bitcoin.com/frax-finance-eyes-blackrocks-buidl-token-as-next-gen-reserve-asset/
Frax Finance Eyes Blackrock’s BUIDL Token as Next-Gen Reserve Asset
