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Frax Finance plans to rebrand its stablecoin as frxUSD. New AI agents and Frax’s technology stack will transform DeFi. Frax Finance lays out its aggressive 2025 Vision Roadmap, looking to position the brand as the decentralized cryptocurrency’s central bank. The decentralized stablecoin protocol is set to introduce a new string of advancements. It plans to enhance tokens, drive blockchain innovation, and release AI agents across its ecosystem. The Frax platform is supporting several stablecoins currently, namely FRAX, FPI, and frxETH. It supports lending markets, AMMs, and cross-chain protocols as DeFi services. In the name of future growth, Frax Finance is requesting 2025 for token upgrades, a hard fork, and greater DeFi adoption. Frax Roadmap for 2025 One of the biggest initiatives in the roadmap is a rebranding of the FRAX stablecoin as frxUSD, directly redeemable in fiat, and integrated into the financial system of the United States. Furthermore, Frax Shares (FXS) will be rebranded and utilized for staking and gas fees for the new Fraxtal layer 2 blockchain. The Fraxtal North Star Hard Fork brings improvements expected to strengthen high-throughput applications and ultra-fast block processing times. The new Frax Universal Interface (FUI) improves usability by offering intuitive tools and advanced onramping options. It aims to make interactions within the Frax ecosystem smoother. Frax Finance is indeed at the forefront of AI innovation with its launch of the development of free-thinking AI agents using its latest AIVM parallelized blockchain. A novel Proof-of-Inference consensus system powers the technology, facilitating the creation of sovereign AI agents. The company expects these agents to function independently without central management. This is a giant step in the integration of blockchain technology with artificial intelligence. Indeed, blockchain technology is spreading rapidly across industries. Frax’s focus on AI also aligns with the rising interest in the intersection of…

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Filed under: News - @ December 17, 2024 12:26 am