Frax’s shift to a fully backed stablecoin signals the end of DeFi’s algorithmic experiment Post author:MiamiCrypto Post published:March 6, 2023 Post category:curve finance / Decentralization / Decentralized Exchange / makerdao / Stablecoin / USD Coin The sun sets on algorithmic stablecoins as Frax shifts to a fully-backed model. You Might Also Like Total stablecoin supply hits $180 billion: Report February 23, 2022 Web3 economy to gain more traction in Africa through DeFi-based financial inclusion April 13, 2023 Coinbase disables trading for BUSD March 13, 2023