BLACKROCK’S BUIDL TOKEN FLEXES ITS POWER WITH FRAX USD STABLECOIN

Guess what? BlackRock’s BUIDL token is now the main player backing Frax’s frxUSD stablecoin.

Frax has officially launched its USD stablecoin, blending blockchain’s transparency with the deep-pocket stability of BlackRock’s treasury assets.

Securitize’s proposal passed faster than expected, and now frxUSD is ready for action.

Could this be the next step toward a more solid stablecoin ecosystem?

Let’s see how this one plays out!

Source: Cointelegraph$BTC