Frax Launches frxUSD Stablecoin, backed by the BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL), Tokenized by Securitize
Frax Finance, a decentralized stablecoin cryptocurrency protocol, today announced the launch of a new stablecoin, frxUSD, that will leverage BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL), tokenized by Securitize, to deliver a secure, transparent, and fully auditable backing mechanism. This partnership marks a milestone in the integration of traditional finance and blockchain technology. The frxUSD […]
