The Frax community has voted to pass FIP-418 to use BlackRock's United States dollar Institutional Digital Liquidity Fund (BUIDL) as backing collateral for the Frax-USD (frxUSD) stablecoin.

Ethereum isn’t going to become the global settlement layer for finance unless ETH maxis insist it’s the only source for truth ...

Frax also intends to apply for access to the U.S. Federal Reserve Master Account, so frxUSD can be used in regulated markets, ...

Investors prepared for another week of developments on President Trump's fast-moving tariff policies and for the kickoff of Big Tech earnings reports. (Bloomberg) -- Bitcoin rallied to its highest ...

LAS VEGAS, April 9, 2025 /PRNewswire/ -- Frax Finance, a decentralized stablecoin cryptocurrency protocol, today appointed Vince Dowdle to Vice President of Strategic Initiatives and Alliances at ...

The Frax Price Index is a protocol within the Frax ecosystem. The system will adjust every month according to an on-chain Consumer Price Index oracle so that holders of the FPI will increase their ...

The Frax Price Index Share (FPIS) token is the governance token of the Frax Price Index (FPI) system, which is also entitled to seigniorage from the protocol. Excess yield will be directed from ...

Crypto Whale Spends $24.7M On Ethereum-Based Altcoins Following SEC Approval A crypto whale invested $24.7 million in Ethereum-based altcoins after the SEC approved a spot Ethereum (CRYPTO: ETH ...

In the early hours of Asian trading, Curve's (CRYPTO: CRV) token experienced a 30% drop, spurred by the automatic liquidation of some loan positions linked to the protocol’s founder, Michael Egorov.