Using the Axelar Network to share its assets across various platforms, Frax Finance is trying to make its coins more useful. This helps more people use their coins and strengthens their position in the DeFi world. Frax Share (FXS)įrax Finance has made a big move by teaming up with the Axelar Network to spread its key assets, like FRAX and fr圎TH, across different DeFi platforms. This deadline marks the decision point for US regulators to approve a physically-backed Bitcoin Exchange-Traded Fund (ETF). The upcoming deadline of January 10 is a pivotal moment for the cryptocurrency sphere, particularly regarding the potential integration of digital assets into traditional financial frameworks. Over the past day, this constituted around 88.18% of the total crypto market volume. Stablecoins account for a substantial portion of this trading activity, reaching $41.26 billion.
The decentralized finance (DeFi) sector has contributed $6.99 billion, representing approximately 14.93% of the 24-hour crypto market volume.
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