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{"id":3475,"date":"2025-01-03T17:43:46","date_gmt":"2025-01-03T17:43:46","guid":{"rendered":"http:\/\/hongkongbuybitcoin.com\/?p=3475"},"modified":"2025-01-03T17:43:46","modified_gmt":"2025-01-03T17:43:46","slug":"new-frax-finance-stablecoin-backed-by-blackrocks-buidl-fund-enhancing-fiat-crypto-bridge","status":"publish","type":"post","link":"https:\/\/hongkongbuybitcoin.com\/?p=3475","title":{"rendered":"New Frax Finance stablecoin backed by BlackRock’s BUIDL fund, enhancing fiat-crypto bridge"},"content":{"rendered":"

BlackRock’s BUIDL Fund is being used as collateral for Frax Finance’s new stablecoin, frxUSD. The stablecoin offers fiat redemption and regulatory compliance. BUIDL manages assets like cash and US Treasury bills, promising transparency and integration with traditional financial systems. This partnership reflects a growing trend of tokenizing real-world assets on blockchain networks.<\/p>\n","protected":false},"author":1,"featured_media":3476,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-3475","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto"],"_links":{"self":[{"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/posts\/3475","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3475"}],"version-history":[{"count":0,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/posts\/3475\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/media\/3476"}],"wp:attachment":[{"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3475"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3475"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3475"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}