Description
At Frax, we're building the world's most scalable stablecoin infrastructure for the next generation of finance. We believe in a world where money moves freely — across blockchains. Frax is building the future of money on three core pillars:
The frxUSD Stablecoin: A secure, stable, and scalable digital dollar fully backed by institutional-grade tokenized U.S. Treasury funds and powered by industry leaders like BlackRock and Superstate.
The Fraxtal Blockchain: A high-performance EVM Layer 1 blockchain designed for extreme scalability, minimal fees, and Ethereum-level security, with plans for real-time blocks and 100k+ TPS.
The Frax Network: A non-custodial platform for minting, redeeming, and earning 4.1% APY on frxUSD, with direct wallet integration and multi-asset support.
Together, they create an open financial system that anyone can access — anywhere in the world.