Frax
139 posts

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



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.



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/…





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…


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




🚨SCOOP: Hearing from industry sources that stablecoin yield compromise text is imminent and could drop as soon as today. Reaching out to @SenThomTillis and @Sen_Alsobrooks offices for comment.



BITCOIN 2026 DAY 1 LIVESTREAM 🚀 twitter.com/i/broadcasts/1…




