Radar / Stablecoin issuer
FRAX
Stablecoin issuer Full listing
Not yet re-assessed
Our verdict
Be careful (earlier rating)
Our earlier listing flagged concerns. A full re-check is pending.
What should I do?
- Check the licence yourself in the official register of the country where it operates.
- Start small – never send more than you can afford to lose.
- Keep screenshots of all payments and conversations.
Based on public sources at the date of review. Not a finding that the company acted unlawfully; the company can respond below.
About
1. Overview Stablecoin: FRAX Issuer: Frax Finance Blockchain: Ethereum (ERC-20) Launch: December 2020 Type: Fractional-algorithmic (partially collateralized, partially algorithmic) 2. Use Case FRAX is designed to be a decentralized, capital-efficient stablecoin used for: DeFi liquidity and trading Minting and redemption via FXS governance token Algorithmic Market Operations (AMOs) A scalable, non-fiat dependent alternative 3. Governance & Compliance Managed by the…
Read more
1. Overview Stablecoin: FRAX Issuer: Frax Finance Blockchain: Ethereum (ERC-20) Launch: December 2020 Type: Fractional-algorithmic (partially collateralized, partially algorithmic) 2. Use Case FRAX is designed to be a decentralized, capital-efficient stablecoin used for: DeFi liquidity and trading Minting and redemption via FXS governance token Algorithmic Market Operations (AMOs) A scalable, non-fiat dependent alternative 3. Governance & Compliance Managed by the…
The full check
🪪LicenceLicensing & registrationNot checked yet
This part is checked automatically from public sources when the profile is re-checked.
👥Who owns itOwnership & controlNot checked yet
This part is checked automatically from public sources when the profile is re-checked.
🏦Where your money goesBanking & payment chainNot checked yet
This part is checked automatically from public sources when the profile is re-checked.
⚖️Regulator actionsRegulatory actionsNot checked yet
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📰News & reputationAdverse media & OSINTNot checked yet
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💬Customer experienceCustomer conductNot checked yet
This part is checked automatically from public sources when the profile is re-checked.
How we rate: methodology.
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Version history
- 2026-10-21 Insufficient data Listed, not yet assessed
Are you FRAX?
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