Frax DAO Votes on Using BlackRock’s BUIDL as Stablecoin Collateral
The Frax community has shown overwhelming support for the motion, with early voting trends signaling unanimous approval for integrating BUIDL as a reserve asset.
Frax Finance Expands Multi-Chain Vision with NEAR Protocol Partnership
By Maria Konash
Frax Finance has announced a strategic partnership with NEAR Protocol to advance its multi-chain capabilities and integrate decentralized artificial intelligence (AI) into the crypto ecosystem.
Uphold Delists Several Stablecoins Ahead of EU’s Landmark Crypto Regulation
Uphold’s announcement follows similar actions from other popular exchanges, including Binance, Kraken, OKX, and others.
Frax Finance’s Strategic Leap into the Cosmos Ecosystem
By staff writer
In a significant move for the DeFi space, Frax Finance has announced its expansion into the Cosmos ecosystem, partnering with Noble, the on-chain asset issuance blockchain.
S&P Global Ratings Launches Stablecoin Assessment, Slams Tether’s USDT with Negative Review
S&P Global Ratings senior analyst Lapo Guadagnuolo believes that the growth of stablecoins does not mean that they are immune to risk factors.
Binance Converts $1B Funds into Other Cryptos as Banking Fears Heighten
Pressure continues to mount on stablecoins given the current situation that has seen three major crypto-backing banks collapse in the past few days.