| Rang | Nom | Prix | Évolution (24h) | Offre totale | En circulation | |
|---|---|---|---|---|---|---|
| 240 |
FRXUSD
Frax USD
FRXUSD
| $ 1.00 | + 0.05% | 114 987 368 | 114 975 919 | X-Ray |
Frax USD (frxUSD) is a fiat-redeemable, fully-collateralized stablecoin issued by the Frax Finance Protocol. It operates using a hybrid model where governance-approved enshrined custodians mint and redeem frxUSD backed by cash-equivalent reserves, while advanced onchain mechanisms developed by the Frax Finance Protocol ensure stability, security, and seamless usability across DeFi and traditional financial systems.