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Easily convert FRXUSD to SUSD with ConvertOnline's efficient tool.
Frax USD (FRXUSD) is a stablecoin designed to provide price stability while being partially backed by algorithmic mechanisms. It aims to combine the best of both worlds: the reliability of a fiat-backed stablecoin and the innovative scalability of algorithmic stablecoins.
sUSD (SUSD) is a decentralized stablecoin pegged to the US Dollar, designed to maintain price stability while leveraging the capabilities of the Ethereum blockchain. It is part of the Synthetix protocol, allowing users to trade synthetic assets that mirror the value of real-world assets, like fiat currencies or commodities.