“FRAX is kind of like the on-chain liquidity for PYUSD, and the latter is the offchain fiat ramp,” Sam Kazemian, founder of Frax Finance, told CoinDesk in an interview. “Since inception, the pool has seen an average daily trading volume of $5.5 million.”
Related posts
-
Dogecoin Whales Record Largest Accumulation Week Since January With 2.10 Billion Tokens Bought
Este artículo también está disponible en español. Dogecoin has achieved another historic milestone, as Dogecoin whales... -
Latam Insights Encore: Brazil’s Stablecoin Remittance Tax Is Doomed From the Start
Welcome to Latam Insights Encore, a deep dive into... -
Largest BTC Allocation To Date
Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five...