Key Takeaways
Frax Finance is an on-chain protocol that mints and manages the FRAX stablecoin.
FRAX maintains its peg through a dual collateral-backed and algorithmic mechanism, making it more scalable and capital efficient than...
Key Takeaways
Circle, the company behind the second-largest stablecoin on the market, USDC, has raised a $400 million funding round.
Investors in the latest raise include the world's largest asset manager BlackRock, and fourth-largest Fidelity.
The...
