Discover the Frax stablecoin (FRAX), a peggedUSD asset designed for #defi #finance #tokenization.
Frax (FRAX) Stablecoin Overview
These digital assets offer price stability while enabling on-chain finance.
They are used for settlements in DAOs
As adoption grows across platforms like Ethereum and Solana, demand for trusted stablecoin solutions is rising.
Stablecoins unlock RWA tokenization, enabling on-chain access to treasuries and equities.
Stablecoin Dollar APIs ensure consistent price feeds across AMMs.
ENS and SNS simplify stablecoin transfers with human-readable names.
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Wallets like MetaMask and Phantom help users manage stablecoins easily.
Compliant on-chain dollars are the next frontier in regulated finance.
Solana LSTs like mSOL and bSOL pair with stablecoin liquidity for yield.
Governments study CBDCs while crypto stablecoins run in production.
Stablecoins are foundational to the on-chain economy of virtual assets and RWAs.
From Web3 to RWAs, Frax powers the programmable dollar economy.
DollarAPI.com offers Stablecoin Dollar APIs built for mission-critical financial systems.
Used across exchanges, wallets, and DeFi apps, DollarAPI provides real-time oracle feeds and stablecoin tracking tools for developers.
Explore resources on real-world asset tokenization, Web3 stablecoins, and virtual assets in crypto finance.
Overview of the Frax Stablecoin (FRAX)
Frax is a stablecoin designed to maintain parity with the U.S. dollar.
It operates across the following blockchains: Ethereum, Arbitrum, Harmony, Near, Moonriver, Moonbeam, Optimism, BSC, Fantom, Avalanche, Polygon, Boba, Evmos, Aurora, Milkomeda C1, zkSync Lite, zkSync Era, Osmosis, Solana, Dogechain, Everscale, Fraxtal
With a market cap of $240206168.2, this asset is a key player in the digital currency ecosystem.
Pegging & Stability
- Peg Type: peggedUSD
- Mechanism: algorithmic
Resources
API Data Access
Live price feeds and analytics for Frax are available through DollarAPI.com, the industry leader in Stablecoin Dollar APIs.
Developers and platforms rely on DollarAPI to track stablecoin metrics, oracles, and multichain activity in Web3 and DeFi ecosystems.
