🚀 Frax community just gave a unanimous thumbs-up to FIP-418, choosing BlackRock's BUIDL fund as the collateral for their frxUSD stablecoin. This move not only minimizes counterparty risk but also opens up yield-bearing opportunities for frxUSD holders.

With BlackRock's $10.4 trillion in assets backing it, frxUSD is blending blockchain transparency with traditional finance stability.

Is this the future of stablecoins? Share your thoughts! 💬

Stay tuned as the trend of yield-bearing stablecoins continues to gain momentum, offering financial rewards to savvy holders.