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Frax Finance: Tangent will open pre-deposits in one week, with frxUSD becoming one of the default stablecoins.
Odaily Planet Daily reports 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, jointly supporting the protocol’s initial liquidity deployment with USDC.
Frax stated that Tangent will be built 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.