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Frax

Inflation benchmark Frax Price Index to launch on Partisia blockchain

On Thursday, Frax Finance, a developer of algorithmic stablecoins, announced it would launch the Frax Price Index, or FPI, on the Partisia blockchain. The benchmark would have its stablecoin pegged to it and serve as a competitor to the standard Consumer Price Index, or CPI. Although the latter is a near-universally adopted inflation gauge, skeptics have claimed that its … [Read more...] about Inflation benchmark Frax Price Index to launch on Partisia blockchain

Frax co-founder Sam Kazemian believes stablecoin regulations are currently too harsh

Stablecoins, or crypto assets which peg their value to less volatile fiat money, are useful tools for a variety of reasons. They can be used to cash out crypto investments, send or receive stable money abroad, and to pay for everyday consumer transactions without fear of fluctuation. A recent estimate from the Bank for International Settlements, or BIS, put the total stablecoin … [Read more...] about Frax co-founder Sam Kazemian believes stablecoin regulations are currently too harsh

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Recent Posts

  • New SRBMiner-Multi 2.3.7 With Dynex (DNX) and Zilliqa (ZIL) Dual-Mining on Nvidia
  • BitChimney Space Heater Based on a Single Board S19 and Working on 120V
  • Riot Platforms stock price is defying gravity as Bitcoin sleeps
  • Not Mining Neurai (XNA) With Your GPUs, You Probably Should
  • Crypto Miner Hive Blockchain Touts Privacy of AI Models Running on Its GPUs

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ADA Bank Binance Bitcoin Bitcoins Blockchain BNB BTC Cardano Coinbase Crypto Data DeFi Digital DOGE Dogecoin Dot ETH Ether Ethereum Exchange Finance Firm fund High Investors Launch Launches Market metaverse Million Mining Network NFT NFTs Platform Price Raises report support Token Top Traders Trading XRP

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