
FRAX: The First Fractional-Reserve Stablecoin
By Tyshe Jiang | Crescent City Capital Market Analyst Intern What is FRAX Frax is the leading fractional-algorithmic stablecoin system, which means it’s a stablecoin partially collateralized and partially stabilized algorithmically. FRAX was founded in 2020 by Sam Kazemian, who came up with the idea of a fractional-algorithmic stablecoin. Hybrid Stablecoin There are two spectrums […]