Frax Finance Expands to Cosmos Ecosystem Via Asset Issuance Chain Noble

Frax Finance, the decentralized protocol that is the home to the seventh-largest stablecoin FRAX, has forged a significant partnership with asset issuance chain Noble to expand its footprint beyond Ethereum to the Cosmos ecosystem, which comprises about 80 blockchains.

The expansion to the Cosmos ecosystem, an interoperability network, is expected to boost the adoption of FRAX and sFRAX in diverse applications, including trading, savings, payments and collateral, while offering Cosmos users a decentralized alternative to USDC, the world's second-largest dollar-pegged cryptocurrency.

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

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Decentralized stablecoin project Frax Finance moves forward in reinstating protocol fee switchThe proposal also details how a new tokenomics system will fully collateralize the decentralized stablecoin FRAX.
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Frax Finance Targets $100B Value Locked in Singularity RoadmapOmkar Godbole is a Co-Managing Editor on CoinDesk's Markets team.
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