Legacy Frax Dollar Maintains Strong Peg Despite Market Volatility

Stablecoin Monitor
May 07, 2025
01:16 AM
FRAX peg stability
Legacy Frax Dollar Maintains Strong Peg Despite Market Volatility
Legacy Frax Dollar maintains strong dollar peg with only 0.001% deviation despite recent market volatility.
Legacy Frax Dollar (FRAX) has successfully maintained its peg to the US dollar during recent market volatility. While some stablecoins faced challenges with their pegs, Legacy Frax Dollar demonstrated resilience with a deviation of only 0.001%. This stability reinforces investor confidence in Legacy Frax Dollar as a reliable stablecoin option.

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