CoinsAQ summary · neutral
New Frax Finance stablecoin backed by BlackRock's BUIDL fund, enhancing fiat-crypto bridge

What happened
frxUSD stablecoin gains resilience and regulatory edge through BlackRock's BUIDL fund partnership. BlackRock's USD Institutional Digital Liquidity Fund (BUIDL) has deepened its position within the digital asset space as Frax Finance approved it as collateral for its.
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