USDte minting opens with frxUSD as a mint asset
TechDollar has opened minting for USDte, its loan-settlement stablecoin, with frxUSD accepted as a mint asset. TechDollar lends against pre-IPO equity in frontier tech — AI, aerospace, chips, and energy — with every loan settling in USDte.
- Mint with frxUSD is available before the initial caps fill, with points offered as an incentive
- The integration extends frxUSD's use beyond DEX liquidity and collateral into private-tech lending rails
Frax
Frax is the world’s first fractional-algorithmic stablecoin. The Frax Protocol introduced the world to the concept of a cryptocurrency being partially backed by collateral and partially stabilized algorithmically.
