【Securitize proposes to use BlackRock's BUIDL fund as collateral for Frax USD】Golden Finance reports that Securitize, the brokerage firm of the digital liquidity fund (BUIDL), has submitted a proposal to improve Frax by adding BUIDL as a supporting collateral for the Frax USD stablecoin. According to the improvement plan, using BUIDL as a collateral reserve asset can provide yield opportunities, deeper liquidity, and transfer options, and because it is supported by the world's largest asset management company, BlackRock, it can reduce counterparty risk.