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627 Frax Finance Launches New Stablecoin in Aim to Bridge Traditional Finance With Decentralised Systems

The Fintech Times
The Fintech Times @ The Fintech Times · 01/05/2025 10:00 EDT

Frax Finance Launches New Stablecoin in Aim to Bridge Traditional Finance With Decentralised Systems

Frax Finance has launched a new stablecoin, dubbed 'frxUSD', in a move to offer a secure, transparent, and fully auditable backing mechanism in the US.

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