Frax Finance Votes to Fully Collateralize Its $1 Billion Stablecoin

source: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Feb. 22. 23:03

Frax Finance Votes to Fully Collateralize Its $1 Billion Stablecoin The vote is a step for Frax’s native stablecoin frxUSD to retire its algorithmic element.

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Markets news Stablecoin Algorithmic stablecoin Markets Governance Collateralized crypto