When did FRAX come out?

Could you possibly enlighten me on the timeline of FRAX's emergence? I'm curious to know exactly when this cryptocurrency made its debut in the financial world. Did it come out during a specific year, quarter, or even month? Its introduction must have been a significant milestone in the realm of digital assets, and I'm eager to understand the context surrounding its launch. Could you provide me with a detailed answer to this inquiry? Thank you in advance for your assistance.