Frax Finance Eyes Blackrock’s BUIDL Token as Next-Gen Reserve Asset
Frax Finance, the issuer of the stablecoin frax usd (FRAX), which currently holds the ninth spot among fiat-pegged tokens by market capitalization, is weighing the addition of Blackrock’s BUIDL token as a reserve backing...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Bitcoin NewsRelated market context
SoFi Launches an Interest-Bearing Tokenized Deposit That Converts Into Its SoFiUSD Stablecoin
SoFi Technologies on Thursday rolled out an interest-bearing tokenized deposit called SoFi Earn, or SOFIE, giving members of its c...
Securitize Cuts Out Stablecoin Middlemen in Deal With Anchorage Digital Bank
Securitize now creates and redeems stablecoins directly with Anchorage Digital Bank, N.A., the two companies announced on Tuesday....
Robinhood stock tokens go live on Morpho as collateral for stablecoin loans
Robinhood's integration with Morpho enhances DeFi liquidity options, potentially spurring innovation and expanding decentralized f...
SoFi launches tokenized deposit convertible to its SoFiUSD stablecoin
SoFi's SOFIE bridges traditional banking and crypto, offering insured deposits with flexibility, potentially reshaping digital fin...
Three Firms Line Up to Trade Tokenized US Stocks Onchain Under SEC Exemption
Three companies have told the US Securities and Exchange Commission (SEC) they plan to run onchain venues for tokenized US stocks....
SoFi Launches Tokenized Deposit That Earns 4.4% and Converts to a Stablecoin
Each SOFIE token represents $1 on deposit at SoFi Bank, earning 4.40% APY with FDIC insurance—a yield-and-protection combination o...