A DeFi insurance platform just picked three stablecoins for its official launch lineup — and frxUSD made the cut alongside USDC and USDT. The move signals growing confidence in frxUSD's stability infrastructure as DeFi insurance products start expanding their asset support. This partnership could open new collateral options for users looking to protect their on-chain positions with insurance coverage.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
8 Likes
Reward
8
4
Repost
Share
Comment
0/400
MevHunter
· 4h ago
frxUSD can be listed on insurance platforms, indicating that the ecosystem still recognizes it. However, what really matters are still the market shares of USDC and USDT.
View OriginalReply0
ForumLurker
· 5h ago
Can frxUSD make its way into the mainstream stablecoin ranks? It still depends on Frax's operational prowess.
View OriginalReply0
BlockchainBrokenPromise
· 5h ago
frxUSD can make it onto this list, indicating that Frax has indeed been working hard in the stablecoin sector. However, honestly, being able to stand alongside USDC and USDT is quite a pressure.
View OriginalReply0
HodlAndChill
· 5h ago
frxUSD can stand alongside USDC and USDT, which shows there is indeed something there.
A DeFi insurance platform just picked three stablecoins for its official launch lineup — and frxUSD made the cut alongside USDC and USDT. The move signals growing confidence in frxUSD's stability infrastructure as DeFi insurance products start expanding their asset support. This partnership could open new collateral options for users looking to protect their on-chain positions with insurance coverage.