Frax Partners with Securitize to Launch Innovative New Stablecoin for Enhanced Digital Finance Solutions
Frax Finance has introduced frxUSD, a new decentralized stablecoin that emphasizes transparency and security. This stablecoin is a reimagined version of their original FRAX offering and is backed by BlackRock’s USD Institutional Digital Liquidity Fund, known as BUIDL. It allows users to easily convert to fiat currency and complies with U.S. financial regulations. The partnership ...
