Stablecoin technology stack & services for the web3 industry
We facilitate swap &
reserve strategies for stablecoin issuers & Web3 banks
Learn More
The Frax Foundation provides critical financial infrastructure for two
critical pillars of finance: stablecoin issuers & traditional banks. We provide stablecoin issuers with
swap services & reserve custody strategies. We also provide critical software to traditional banking
institutions for seamlessly integrating stablecoin transactions for both settlement and custody.
We build software that facilitates swaps between FRAX and leading stablecoins to power the DeFi industry.
Swap stablecoins on the balance sheet for other leading stablecoins such as USDC, USDT, BUSD, & more.
Supported Stablecoins
Disclaimer: The Frax Foundation is an independent, unaffiliated business. The Frax Foundation does not claim any
partnerships, direct relationships, nor promotional claims by issuers of any stablecoin.
Stablecoin Market Capitalization
| NAME | CAPITALISATION | PRICE | CIRCULATING |
|---|---|---|---|
| Tether | $93.46 B | $1.00 | 93,555,877,475 USDT |
| USD Coin | $25.35 B | $1.00 | 25,384,732,199 USDC |
| Dai | $5.25 B | $1.00 | 5,270,568,303 DAI |
| Frax | $648 M | $1.00 | 649,462,235 FRAX |
© 2024 The Frax Foundation
[email protected]