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Frax Stablecoin Backing to Feature Layer 1 Tokens, Real-World Loans

Using real assets will allow Frax’s products to operate as intended even in a bear market.

Frax to create additional layer of security for its stablecoin. (Pixabay, modified by CoinDesk)
Frax to create additional layer of security for its stablecoin. (Pixabay, modified by CoinDesk)