🚀The Frax community has decided to use BlackRock's BUIDL as collateral for the frxUSD stablecoin through the FIP-418 proposal! Frax Finance founder Sam Kazemian stated that this collaboration combines the transparency of blockchain with the stability of BlackRock's government bonds, marking an important connection between traditional finance and decentralized systems. What do you think about this cross-industry collaboration? Feel free to share your thoughts in the comments!📈 #Blockchain #Stablecoin #Frax #BlackRock