Bitcoin’s role as a reserve asset gains traction in US as states adopt
US states are introducing Bitcoin reserve bills, fueling speculation about a global accumulation race as institutions and governments adopt BTC as a reserve asset. Source link
Frax Finance opens community voting until Jan. 1 to adopt BlackRock’s BUIDL for new stablecoin
The voting period to onboard BlackRock’s USD Institutional Digital Liquidity Fund as a reserve asset for Frax Finance’s new stablecoin, Frax USD, opens on Dec. 27 until Jan. 1, 2025. Decentralized finance protocol Frax (FRAX) Finance is getting ready to launch its new stablecoin, frxUSD. But first, the protocol needs to determine whether to adopt […]
Why tech giants like Amazon may hesitate to adopt Bitcoin
Big Tech has a great flow of cash on hand. Currency devaluation makes them lose purchasing power. Is Bitcoin a treasury solution to fight against inflation? Amazon is the next to decide. Source link