Ethena plans major expansion with Telegram payments and institution-focused iUSDe token in bid to become a ‘neobank’

Synthetic stablecoin protocol Ethena is looking to become a “neobank” — a traditional financial institution operating entirely online — according to an announcement on Friday. The protocol, launched in early 2024, manages the third-largest U.S. dolla

2025-01-03 18:03:35

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Frax community approves frxUSD stablecoin backed by BlackRock's BUIDL

The Frax community has voted to pass FIP-418 to use BlackRock's USD Institutional Digital Liquidity Fund (BUIDL) as backing collateral for the Frax-USD (frxUSD) stablecoin.According to the proposal, which passed unanimously after six days of voting,

2025-01-02 20:13:58

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BlackRock’s BUIDL approved as backing token for Frax USD stablecoin

Securitize's proposal to make BlackRock’s BUIDL token the backing for Frax Finance’s USD stablecoin has received swift governance approval, paving the way for the launch of the frxUSD stablecoin, the company announced on Thursday.

2025-01-02 19:03:23

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Frax community approves frxUSD stablecoin backed by BlackRock's BUIDL

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.According to the proposal, which passed unanimously after six

2025-01-02 20:13:58

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