Frax USD

## About Frax USD Frax USD (frxUSD) is a fiat-redeemable, fully-collateralized stablecoin issued by the Frax Finance Protocol. It operates using a hybrid model where governance-approved enshrined custodians mint and redeem frxUSD backed by cash-equivalent reserves, while advanced onchain mechanisms developed by the Frax Finance Protocol ensure stability, security, and seamless usability across DeFi and traditional financial systems. ### Categories Stablecoins, USD Stablecoin, BNB Chain Ecosystem, Solana Ecosystem, Avalanche Ecosystem, Polygon Ecosystem, Arbitrum Ecosystem, Ethereum Ecosystem, Optimism Ecosystem, Aptos Ecosystem, ZkSync Ecosystem, Linea Ecosystem, Base Ecosystem, Scroll Ecosystem, Berachain Ecosystem, Blast Ecosystem, Mode Ecosystem, Aurora Ecosystem, Polygon zkEVM Ecosystem, Fraxtal Ecosystem, X Layer Ecosystem, Sonic Ecosystem, Fiat-backed Stablecoin, Sei Network Ecosystem, Abstract Ecosystem, Ink Ecosystem, Unichain Ecosystem, Plume Network Ecosystem, Movement Ecosystem, Katana Ecosystem ### Available On Ethereum, Arbitrum, plume-network, unichain, sonic, Linea, fraxtal, Polygon, sei-v2, BSC, aurora, katana, berachain, polygon-zkevm, ink, Scroll, abstract, movement, mode, x-layer, Solana, Base, Blast, Optimism, Aptos, zkSync, Avalanche ### Potential Airdrop Check the official project channels for airdrop announcements and token distribution events.

Visit the official Frax USD website and social channels to learn about potential airdrops and token distribution events.