🎉 [Gate 30 Million Milestone] Share Your Gate Moment & Win Exclusive Gifts!
Gate has surpassed 30M users worldwide — not just a number, but a journey we've built together.
Remember the thrill of opening your first account, or the Gate merch that’s been part of your daily life?
📸 Join the #MyGateMoment# campaign!
Share your story on Gate Square, and embrace the next 30 million together!
✅ How to Participate:
1️⃣ Post a photo or video with Gate elements
2️⃣ Add #MyGateMoment# and share your story, wishes, or thoughts
3️⃣ Share your post on Twitter (X) — top 10 views will get extra rewards!
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Frax's new proposal intends to use BUIDL from BlackRock as the reserve asset for Frax USD stablecoin.
BlockBeats news, on December 23rd, Securitize, the broker-dealer of BUIDL Tokenized Currency Market Fund by BlackRock, submitted a governance proposal calling for the addition of BUIDL Token as a reserve asset for the upcoming re-launch of Frax USD stablecoin. The proposal states that besides providing the utility, relative safety, and convenience of Frax USD, it can also significantly drop counterparty risk of its reserves through collaboration with BlackRock. If the proposal is approved, Frax USD will follow the example of USDtb by Ethena and adopt BUIDL Token as the backing asset. BUIDL currently manages assets worth over $530 million, with the majority being short-term U.S. Treasury bonds.