What is the difference between FRAX and CAROC?

Could you elaborate on the key differences between FRAX and CAROC in the realm of cryptocurrency and finance? I'm particularly interested in understanding how their functionalities, use cases, and underlying mechanisms differ. Is FRAX primarily focused on providing stability and scalability in decentralized finance, while CAROC aims to revolutionize the traditional financial system through blockchain technology? Or are there more nuanced distinctions that separate these two platforms? I'd appreciate a concise yet thorough comparison of their respective features and advantages.