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Cryptocurrencies: 29444
Markets: 111553
Market Cap: $2,196,789,890,629     
24h Vol: $67,381,212,672
CoinTelegraph 2023-02-23 04:37:38

Frax Finance to retire algorithmic backing amid stablecoin crackdown

Frax Finance to retire algorithmic backing amid stablecoin crackdown
The vote was passed to fully collateralize Frax Finance’s native stablecoin, phasing out its algorithmic backing.
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