What is the purpose behind the creation of the Frax Protocol (FRAX)? The Frax Protocol was created as a decentralized stablecoin system with the purpose of providing a highly scalable, decentralized, ...

The Frax community has voted to pass FIP-418 to use BlackRock's United States dollar Institutional Digital Liquidity Fund (BUIDL) as backing collateral for the Frax-USD (frxUSD) stablecoin.

Securitize is brokering a deal for BlackRock’s BUIDL token to be integrated as collateral for the soon-to-be-released Frax USD stablecoin. The Frax improvement proposal is undergoing a ...

The Frax Price Index Share (FPIS) token is the governance token of the Frax Price Index (FPI) system, which is also entitled to seigniorage from the protocol. Excess yield will be directed from ...

LAS VEGAS, April 9, 2025 /PRNewswire/ -- Frax Finance, a decentralized stablecoin cryptocurrency protocol, today appointed Vince Dowdle to Vice President of Strategic Initiatives and Alliances at ...