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This section is informational. Data comes from public sources and is not investment advice. Digital assets are volatile and may lose value.
About the coin
Frax issues FRXUSD as a reserve-backed dollar tied to the rest of its ecosystem: lending, liquid staking derivatives and a settlement layer of its own. The stablecoin acts as the common unit across those products. The Frax ecosystem is known for its early experiments with fractional stablecoin backing.
A reference description of the project, not investment advice.