Fraxtal

Frax operates as a comprehensive stablecoin infrastructure built on three interconnected components that create an integrated financial ecosystem.

frxUSD Stablecoin provides a Treasury-backed digital dollar fully collateralized by institutional-grade tokenized U.S. Treasury funds. The stablecoin partners with established financial institutions like BlackRock and Superstate to maintain backing and offers passive yield generation from Treasury returns directly to holders' wallets.

Fraxtal Blockchain serves as a high-performance EVM-compatible Layer 1 network designed for scalability and minimal transaction fees. The blockchain maintains Ethereum-level security while targeting real-time block production and throughput exceeding 100,000 transactions per second.

FraxNet Platform enables non-custodial minting, redemption, and yield earning on frxUSD. Users can convert multiple asset types including USDC, USDT, PYUSD, bank wires, and tokenized treasuries into frxUSD at 1:1 ratios. The platform integrates directly with crypto wallets and supports multi-asset functionality.

The protocol emphasizes transparency through full Treasury backing verification and accessibility through borderless operation. Native applications can leverage the integrated stablecoin infrastructure, DeFi protocols, and cross-chain liquidity within the Frax ecosystem.