Back to Organizations
FxDAO
FxDAO is a currency-agnostic, non-profit DAO building stablecoins backed by transparent, publicly verifiable reserves of XLM (Stellar Lumens). It aims to serve users across multiple fiat currency denominations, not just USD, in order to drive broader stablecoin adoption.
Distributed
Description
FxDAO is a legally incorporated non-profit DAO based in the Republic of the Marshall Islands (RMI), with the goal of being fully community governed. Its core product is a suite of currency-agnostic stablecoins backed by transparent, public reserves of XLM, aiming to solve the solvency-transparency problem common to fiat-backed stablecoins. The organization focuses on serving crypto users and communities across a variety of fiat currency denominations rather than just USD, positioning itself within the broader Stellar blockchain ecosystem.Grant Funding
VC Funding
XLM
$75K
$0