$FRXUSD
Frax USD (frxUSD) is a fiat-redeemable, fully collateralized stablecoin issued by the Frax Protocol. Each frxUSD is backed 1-to-1 by permitted cash-equivalent reserves such as tokenized U.S. Treasury funds (e.g., BUIDL, USTB, JTRSY, WTGXX, AUSD), held with regulated custodians and managed by Frax Inc under delegation from the Frax DAO.
Frax USD (frxUSD) is a fiat-redeemable, fully collateralized stablecoin issued by the Frax Protocol. Each frxUSD is backed 1-to-1 by permitted cash-equivalent reserves such as tokenized U.S. Treasury funds (e.g., BUIDL, USTB, JTRSY, WTGXX, AUSD), held with regulated custodians and managed by Frax Inc under delegation from the Frax DAO.
$103,925,782
$1.00
4,456
$504.04M
2,344
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