🚀 Frax Finance is shaking up the DeFi world! The community vote to adopt BlackRock's BUIDL as a reserve asset for the proposed stablecoin Frax USD (frxUSD) is live and receiving unanimous support. 🎉

- Voting opened on Dec. 26 and runs until Jan. 1, 2025.

- Benefits? Yield opportunities, deeper liquidity, and reduced counter-party risk with BlackRock's backing.

- BUIDL, launched in March, already boasts over $500M in assets!

Is this the bridge between traditional finance and DeFi we've been waiting for? Dive into the comments and share your thoughts!