Summary
TLDR: The Cosmos ecosystem expansion will increase the use of FRAX and sFRAX in various applications and provide Cosmos users with a decentralized option to USDC.
Key Points
1. The expansion to the Cosmos ecosystem is expected to boost the adoption of FRAX and sFRAX in diverse applications, including trading, savings, payments, and collateral.
2. The integration will offer Cosmos users a decentralized alternative to USDC, the world’s second-largest dollar-pegged cryptocurrency.
3. This move is likely to increase the utility and accessibility of FRAX and sFRAX within the broader cryptocurrency ecosystem.