Frax Finance has launched the frxUSD stablecoin, backed by BlackRock’s BUIDL fund, merging traditional finance stability with ...

The community of Frax Finance, a decentralized finance protocol with some $2 billion in total value locked, voted to fully collateralize the protocol’s native stablecoin frax (FRX), according to ...

Decentralized finance (DeFi) protocol Frax Finance, home to one of the world’s largest stablecoins, is looking to roll out its layer 2 blockchain, Fraxtal, in February, CEO and founder Sam ...

Frax Finance, a “decentralized” stablecoin cryptocurrency protocol, has recently announced the launch of a new stablecoin, frxUSD, that will leverage BlackRock’s USD Institutional Digital ...

Decentralized-finance (DeFi) application Frax Finance is briskly gaining favor among investors because of its strong product lineup as liquid staking derivatives (LSD) heat up ahead of the ...

FRAX: 5 // mkt cap $649mn Our asset assessment of 5 (weak) reflects current undercollateralization and incorporates uncertainty about the future composition of assets when collateralization ...