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 asset. A governance vote, scheduled to wrap up on Dec. 31, 2024, will decide the proposal’s fate. FIP-418: Frax Finance Weighs […]
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The U.S. stock market may soon never sleep. The Securities and Exchange Commission (SEC) announced a major roundtable to prepare U.S. stock markets for 24-hour trading. The Sept....
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