Frax Finance Launches USD Stablecoin with BlackRock BUIDL Backing

Frax Finance has announced the launch of its new stablecoin, frxUSD, which will be backed by BlackRock’s BUIDL tokenized fund. This development marks a collaboration between traditional financial institutions and decentralized blockchain ecosystems, offering users a stable and yield-bearing digital asset option. BlackRock BUIDL Fund Becomes Backing Asset for frxUSD The Frax community has passed…

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AI Cryptos Render & Injective Trend Strongly, But All Eyes Are on Web3Bay as the Top High ROI Crypto

What’s stirring the pot with Render and Injective lately? Both projects are on the move—Render is integrating AI crypto solutions into decentralized GPU rendering, and Injective is reshaping DeFi scalability. The climbing price of Injective signals its expanding role in financial applications. Amid these tech breakthroughs, Web3Bay is emerging as a high ROI crypto with…

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Polymarket Gives Solana ETF 85% Odds of Approval in 2025

According to Polymarket odds, there’s an 85% chance that the SEC will approve a Solana ETF in 2025. Markets currently favor the position that it will happen before August, but only by a narrow margin. The platform gave the ETF remarkably better odds today than just a few months ago, bolstering hope that SEC approval…

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Tron and Tether’s Crime Unit Freezes $100 Million USDT Linked to Money Laundering

Tron’s T3 Financial Crime Unit, formed through a partnership between Tron, Tether, and TRM Labs, has frozen $100 million in Tether’s USDT since its inception in September.  The unit focuses on identifying and blocking illicit activities involving the stablecoin. Crypto Money Laundering Remains a Critical Challenge T3’s efforts included analyzing millions of transactions across five…

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Analyst Predicts XRP Price to Hit $1 by April 2025 – XRP Price Prediction Amidst Ripple’s Legal Victory Boosts Ripple Price Prediction – XRP News Today

XRP might be ready for another breakout surge and this bullish sentiment is primarily due to the recent approval of Ripple’s RLUSD stablecoin by the New York Department of Financial Services (NYDFS). The stablecoin is pegged to the U.S. dollar and is being hailed as a game-changer for Ripple’s ecosystem. There’s also the update that…

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