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Frax Finance: Tangent will open pre-deposits in one week, with frxUSD becoming one of the default stablecoins.
ME News Report, May 12 (UTC+8), Frax Finance posted on X platform announcing that the DeFi project Tangent will open pre-deposits in one week, with frxUSD serving as one of the default stablecoins, supporting the initial liquidity deployment of the protocol alongside 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. (Source: ODAILY)