Frax Finance, the issuer of the stablecoin frax usd (FRAX), which at present holds the ninth spot amongst fiat-pegged tokens by market capitalization, is weighing the addition of Blackrock’s BUIDL token as a reserve backing asset. A governance vote, scheduled to wrap up on Dec. 31, 2024, will resolve the proposal’s destiny. FIP-418: Frax Finance Weighs […]
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Elon Musk’s Tesla Nonetheless Bullish On Bitcoin, Holds $1.25B BTC
Blockchain analytics platform Arkham Intelligence has revealed that Tesla Inc.’s Bitcoin (BTC) holdings are actually value round $1.25 billion. With...