Töölaud Hirm ja ahnus Kaevanduspallid Rahakotid Sõnaraamat Reklaamima Facebook Twitter Telegram Reddit Youtube
Turuosa ülempiirid:
24h turumaht:
Aktiivsed krüptovaluutad: 11975
Turg: 92589
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
Turuosa ülempiirid
24h turumaht
11975
Aktiivsed krüptovaluutad
54.28%
Bitcoin Jaga
crypto.news 2024-12-27 11:22:22

Frax Finance opens community voting until Jan. 1 to adopt BlackRock’s BUIDL for new stablecoin

Frax Finance opens community voting until Jan. 1 to adopt BlackRock’s BUIDL for new stablecoin

The voting period to onboard BlackRock’s USD Institutional Digital Liquidity Fund as a reserve asset for Frax Finance’s new stablecoin, Frax USD, opens on Dec. 27 until Jan. 1, 2025. Decentralized finance protocol Frax ( FRAX ) Finance is getting ready to launch its new stablecoin , frxUSD. But first, the protocol needs to determine whether to adopt Blackrock’s USD Institutional Digital Liquidity Fund or BUIDL as its reserve asset. To make this decision, Frax Finance shared a proposal that introduces the features, benefits and background necessary to understand BUIDL and how it will function as a an on-chain, backing asset for Frax USD. The protocol has invited the Frax community to vote on whether the partnership will proceed. “The vote to onboard Blackrock $BUIDL as the first backing asset for the new Frax USD (frxUSD) stablecoin is live!” wrote Frax Finance on its official X post . On Dec. 23, Frax Finance announced that BlackRock, the leading asset management firm, proposed to become the custodian backing Frax USD in a separate X post . https://twitter.com/fraxfinance/status/1872356878308851948 You might also like: BlackRock eyes BUIDL token as collateral in crypto derivatives market: report According to the shared proposal, BUIDL is a tokenized product that invests all of its total assets into government-issued assets, namely cash, U.S. Treasury bills, repurchased agreements, notes, and other obligations. It is promoted as a “blockchain-based investment solution that can be used alongside other investments as a reserve backing of stable assets.” Some of the benefits of holding BUIDL as a reserve backing assets listed in the proposal include generating yield opportunities, strengthening liquidity, providing multiple transfer options, as well as minimizing external risk with the aid of major financial firms such as Securitize, BlackRock, and Bank of New York Mellon. “By working with Securitize and BlackRock to use BUIDL as a backing asset for Frax USD, Frax USD will gain exposure to one of the most liquid assets in the world, while still reaping the benefits of yield-bearing, on-chain efficiencies of DeFi,” wrote Nader Ghazvini, Head of Governance at Frax Finance. In July 2024, BlackRock tokenized treasury fund BUIDL gained more than $500 million in assets under management after its launch in April this year. BUIDL’s price is pegged to the U.S. dollar, investors receive daily accrued dividends paid directly on a monthly basis through its partnership with Securitize. You might also like: https://crypto.news/injective-launches-tokenized-index-tracking-blackrocks-buidl-fund/

Enim loetud uudised



Cryptohopper
hardware wallets, hardware , wallets, Crypto Currency, Cryptocurrency hardware wallets, Crypto Apparal, crypto wallet, Cryptocurrency wallets

Turuosa ülempiirid
24h turumaht
54.28%
Bitcoin Jaga
410
Täna Uudised
Loe lahtiütlusest : Kogu meie veebisaidi, hüperlingitud saitide, seotud rakenduste, foorumite, ajaveebide, sotsiaalmeediakontode ja muude platvormide ("Sait") siin esitatud sisu on mõeldud ainult teie üldiseks teabeks, mis on hangitud kolmandate isikute allikatest. Me ei anna meie sisu osas mingeid garantiisid, sealhulgas täpsust ja ajakohastust, kuid mitte ainult. Ükski meie poolt pakutava sisu osa ei kujuta endast finantsnõustamist, õigusnõustamist ega muud nõustamist, mis on mõeldud teie konkreetseks toetumiseks mis tahes eesmärgil. Mis tahes kasutamine või sõltuvus meie sisust on ainuüksi omal vastutusel ja omal äranägemisel. Enne nende kasutamist peate oma teadustööd läbi viima, analüüsima ja kontrollima oma sisu. Kauplemine on väga riskantne tegevus, mis võib põhjustada suuri kahjusid, palun konsulteerige enne oma otsuse langetamist oma finantsnõustajaga. Meie saidi sisu ei tohi olla pakkumine ega pakkumine