Frax

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Frax

Frax

@Frax

Frax is building better money and the network it settles on. For onchain DeFi → @fraxfinance For strategic & institutional news → @frax

Katılım Ekim 2007
4 Takip Edilen3.2K Takipçiler
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Frax
Frax@Frax·
1/ FraxNet is LIVE 🥳 Welcome to your stablecoin money account. FraxNet is your hub for minting, redeeming, and earning with frxUSD, our flagship stablecoin built to the GENIUS standard. Available on 20+ chains.
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Frax
Frax@Frax·
frxUSD was one of the stablecoins competing in Hyperliquid’s stablecoin race, alongside many other strong DeFi-native stablecoin projects. Even if USDC becomes Hyperliquid’s default, stablecoins are growing so fast that there’s room for many winners.
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Frax
Frax@Frax·
JUST IN: Less than a year after the Hyperliquid “stablecoin wars” crowned USDH, Coinbase is acquiring USDH and sunsetting it in favor of USDC. As the stablecoin market heats up, Coinbase is buying its way into securing USDC’s position as the default quote collateral on Hyperliquid.
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Coinbase 🛡️@coinbase

Today we’re expanding our support for @HyperliquidX by becoming the platform’s official treasury deployer of USDC. Onchain markets operate 24/7 and require collateral that is always available, instantly transferable, and deeply liquid - USDC delivers exactly that. Alongside this, we’ve also significantly increased our position of staked HYPE.

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Frax
Frax@Frax·
BREAKING: April PPI inflation came in hot, surging to 6.0% vs 4.9% exp, the highest since Jan ’23. Core PPI: 5.2% vs 4.3% exp. Amidst a BTC recovery and progress in Congress with CLARITY, inflation is threatening to crash the party with rate hike odds rising. Can bulls prevail?
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Frax@Frax·
Frax note: frxUSD was launched day one on Tempo, built for the exact kind of real-world settlement flows DoorDash is now pushing onchain.
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Frax@Frax·
DOORDASH GOES FULL-STACK: @DoorDash is quietly building a full-stack restaurant money machine. Last month: announced stablecoin payouts on @tempo Today: reports say it’s rolling out in-store POS tech From store payment → stablecoin settlement, vertically integrated in one app.
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Bloomberg@business

An expected point-of-sale technology rollout from DoorDash is poised to deal a blow to payments firms such as Toast, according to Rothschild & Co Redburn’s Dominic Ball bloomberg.com/news/articles/…

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Frax
Frax@Frax·
SOURCE: aba.com/extranet/ABA-C… Note: If “hold-to-earn” rewards get restricted, incentives shift from idle yield to active usage, which will favor DeFi-native stablecoins like frxUSD.
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Frax
Frax@Frax·
BANKS PUSH BACK: @ABABankers CEO Rob Nichols tells banks there’s an “urgent advocacy fight” ahead of Thursday’s Senate Banking Committee markup of the CLARITY Act. He urges them to “close this loophole” on stablecoin rewards to stop “deposit flight” into stables. WHO WILL WIN?
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Frax@Frax·
We get asked a lot to build a euro stablecoin. For now we’re focused on the dollar because it’s the global settlement layer. But EUR stables matter, and we’re partnering with strong EUR issuers to build best-in-class FX rails onchain between frxUSD<>EUR.
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Frax@Frax·
Stablecoins are inevitable. While the U.S. is moving ahead with GENIUS (and soon CLARITY) to bring stablecoins onshore, Europe’s leadership is still debating whether stablecoins can even help the euro’s global role.
European Central Bank@ecb

Stablecoins are not an efficient way to strengthen the international role of the euro, says President Christine @Lagarde. The best solution remains deeper capital market integration through the savings and investment union and a stronger safe asset base ecb.europa.eu/press/key/date…

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Frax
Frax@Frax·
@bettermoney_co We're proud to be working with you to build the stablecoin future the world deserves 🤝
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The Better Money Company
The Better Money Company@bettermoney_co·
The next era of money has hundreds of stablecoins. Purpose-built for different use cases, different markets, different economics. That means more issuers, more assets, more fragmentation. Every new stablecoin that launches makes the need for a clearing layer stronger. That's what we're building. @benhoneill gets it.
Frax@Frax

JUST IN: @Stablecoin exec @benhoneill says USDT+USDC dominance is a net negative with friction making stablecoins “feel less like money.” The solution: purpose-built stablecoins + better clearinghouses to unlock competition. USDT+USDC = ~83% of stablecoin mkt cap @DeFiLlama

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Frax@Frax·
JUST IN: @Bitwise CEO @HHorsley says the 4-year crypto cycle is dead as the institutions take hold. Last year’s downturn broke the “3 up, 1 down” pattern. He also calls @Strategy $STRC a “juggernaut,” predicting it spreads industry-wide in a year and pulls BTC into fixed-income.
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Frax@Frax·
JUST IN: @Stablecoin exec @benhoneill says USDT+USDC dominance is a net negative with friction making stablecoins “feel less like money.” The solution: purpose-built stablecoins + better clearinghouses to unlock competition. USDT+USDC = ~83% of stablecoin mkt cap @DeFiLlama
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Frax@Frax·
.@Strategy $STRC is already a $8.5B product. The next unlock is CLARITY. CLARITY can bring financial products like this onchain, connect them to stablecoins, and unlock global liquidity. @milesjennings of a16z and @samkazemian of Frax at @TheBitcoinConf 👇
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Frax
Frax@Frax·
If you’re at @TheBitcoinConf, you can’t miss the Frax ads everywhere. A new bridge between digital assets and the real world is coming 🔜
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