The vote was passed to fully collateralize Frax Finance’s native stablecoin, thus phasing out its algorithmic backing.

Frax Finance, FXS, FRAX, stablecoins, algorithmic, frxETH, collateralRead More

You might also be interested in reading FedEx targets $17.20–$19 EPS for FY26 with $1B transformation savings amid global trade headwinds.