Hex Trust Issues First Native Stablecoin on Layer-1 Blockchain Flare
The stablecoin is backed 1:1 and can be staked on the Flare blockchain.
24H Price
The Flare price is $0.01906681, a change of -0.30% over the past 24 hours as of 3:15 p.m. The recent price action in Flare left the tokens market capitalization at $845.92M. So far this year, Flare has a change of 9.89%. Flare is classified as a Computing under CoinDesks Digital Asset Classification Standard (DACS).
The stablecoin is backed 1:1 and can be staked on the Flare blockchain.
The round includes investment from Kenetic and Aves Lair.
The company has onboarded institutional investors such as Pantera Capital, DeFiance Capital, Keyrock and Flare Network to its MPC wallet, and secured over $3 billion in blockc...
Flare, which calls itself "the blockchain for data," gives developers access to decentralized data via its Oracle system
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