Frax Finance Eyes Blackrock’s BUIDL Token as Next-Gen Reserve Asset
Frax Finance, the issuer of the stablecoin frax usd (FRAX), which currently ranks ninth among fiat-pegged tokens by market capitalization, is weighing the addition of Blackrock's BUIDL token as a standby support asset. An administrative vote, scheduled for Dec. 31, 2024, will determine the proposal's fate. FIP-418: Frax weighs finance […]
