---
title: "Frax community approves frxUSD stablecoin backed by BlackRock's BUIDL"
url: https://diffcoin.com/frax-community-approves-frxusd-stablecoin-backed-by-blackrocks-buidl-2/
description: "According to RWA.XYZ, BlackRock's US dollar Institutional Digital Liquidity Fund has over $648 million in assets under management. Source link"
published: 2025-01-02
updated: 2025-01-02
author: "Mila"
site: "Diffcoin"
---

# Frax community approves frxUSD stablecoin backed by BlackRock's BUIDL

According to RWA.XYZ, BlackRock’s US dollar Institutional Digital Liquidity Fund has over $648 million in assets under management.

[Source link](https://cointelegraph.com/news/frax-community-approves-stablecoin-backed-blackrock-buidl?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)