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algorithmic backing

Frax Finance Shifts to Fully Collateralized Stablecoin Model: A Game-Changer in DeFi

Frax Finance transitions to fully collateralized stablecoin FRAX, reflecting community support amidst a regulatory crackdown on cryptocurrency.

Frax Stablecoin Shifts to Full USD Backing: Is This the End of Algorithmic Experiments?

Discover how Frax’s decision to fully back its stablecoin by USD signals a new era for decentralized finance. Will this be the end of algorithmic stablecoins?