Frax Finance: Tangent to Open Pre-Deposits in One Week, frxUSD Becomes One of the Default Stablecoins

Odaily Odaily reported that Frax Finance announced on the X platform that the DeFi project Tangent will open pre-deposits in one week, with frxUSD serving as one of the default stablecoins, alongside USDC, to support the initial liquidity deployment of the protocol.

Frax stated that Tangent will be built based on the frxUSD PegKeeper pool on Curve Finance, further enhancing the application scenarios and capital depth of frxUSD as a core DeFi stablecoin within the on-chain liquidity system.