| Rang | Nom | Prix | Évolution (24h) | Offre totale | En circulation | |
|---|---|---|---|---|---|---|
| 276 |
FRXUSD
Frax USD
FRXUSD
| $ 0.99 | -0.00% | 95 168 251 | 95 127 619 | 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.