CRYPTO:FRAXUSD

Frax Usd Stock News

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$0.99
-0.0005 (-0.0474%)
At Close: Jun 03, 2026
Somnia's new USDso stablecoin, issued by Frax Finance and backed by tokenized Treasuries, routes reserve yield back into Somnia's high-throughput DeFi ecosystem.
The collaboration between Polygon Labs, Frax Finance, Curve, and DFB Network marks a milestone in decentralized finance by introducing a suite of liquidity pools for the foreign exchange market. To en
Sonic's permissionless dollar stablecoin offers zero minting fees and cross-chain access from 10+ networks.
TL;DR USSD launched on Sonic as a network-integrated, permissionless USD stablecoin built on Frax's GENIUS-compatible frxUSD infrastructure and designed to anchor liquidity. The token is backed 1:1 by
Sonic Labs' USSD stablecoin is backed by tokenized Treasuries products from BlackRock, WisdomTree, and Superstate.
Brazil advances a bill to ban algorithmic stablecoins and force all domestic issuers to fully collateralize tokens, tightening rules in a market where stablecoins drive 90% of crypto flows.
IQ and Frax introduced KRWQ, marking the debut of a won-pegged stablecoin on Base. The token uses LayerZero technology for cross-chain transfers.
TL;DR KRWQ becomes the first Korean won-pegged stablecoin on Coinbase's Base, developed by IQ and Frax with an institutional-grade and compliance-focused framework. It uses LayerZero's Omnichain Fungi
Crypto protocols Frax and IQ have partnered to launch KRWQ, a Korean won stablecoin designed to be fully regulatory-compliant amid the country's stablecoin push.
Hyperliquid, a decentralized exchange and layer-1 blockchain, has unleashed one of the most competitive battles in DeFi. The project is on the watch for the right partner to issue USDH, its native sta
Crypto.com, a major cryptocurrency exchange, has forged two new institutional partnerships with the Axelar Foundation and Frax, according to the information shared with Finbold on Monday, September 8.
This week, Hyperliquid received competing proposals from Paxos, Agora, and Frax to supply stablecoin infrastructure for USDH, with each bidder emphasizing regulatory posture, distribution, and how yie
Hyperliquid is currently heavily reliant on USDC, with $5.5 billion worth of Circle's stablecoin held on the platform.
Crypto.com announced that Frax, the financial technology company helping to build the decentralized finance protocol and network behind a suite of stablecoins and liquid staking assets, has selected C
Eight disparate digital assets posted outsized 24-hour gains, with FLOKI surging 31.78%, CRV 26.77%, FXS 22.45%, TOSHI 20.71%, FARTCOIN 20.01%, MEW 17.92%, TRAC 16.71%, and BONK 16.36%, amid a liquidi
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