Trump Campaign Manager Announces Cryptocurrency ‘Frax’, More Stable Than Bitcoin

Trump Campaign Manager Announces Cryptocurrency ‘Frax’, More Stable Than Bitcoin

“Out with the old and in with the new,” an aphorism that befits Stephen Moore’s decision to withdraw his nomination from the Federal Reserve Board of Governors and embark on a venture with cryptos. Moore announced a cryptocurrency “stablecoin” called Frax on Monday along with his partners, as reported by Fortune.