"I think the Genius Stablecoins will be the ones, where they just remove the ticker. People just pay in dollars." @samkazemian (Frax) and @spencernoon (OurNetwork) on "When a Stablecoin Becomes Core Infrastructure" at the @ethconf. Key moments: 01:20 What the Genius Act Legalized 04:21 Being First to Build to the Act 11:06 Why Base Money Is the Biggest Network Effect 17:26 Why Eventually There Will Just Be Dollars 18:32 Banks and Companies Moving to Stablecoin Treasuries
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Frax Force retweeted
Pretty cool to see how fast Frax has been adopted on the Robinhood Chain with multiple assets. Between sfrxETH for @UFGDeFi and frxUSD for @ArrowFinanceio & @fablesfi, positive sum DeFi is making a comeback once again. Never fade @samkazemian and his team of chads.
Frax is launching & shipping on @RobinhoodCrypto 🚢 Pleasure working with @ArrowFinanceio, @fablesfi, @UFGDeFi, and more to come 🤝
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ONCHAIN CA$H SHOW. TOMORROW 6PM UTC.
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Frax is launching & shipping on @RobinhoodCrypto 🚢 Pleasure working with @ArrowFinanceio, @fablesfi, @UFGDeFi, and more to come 🤝
Robinhood Chain - Daily Recap Official News 🟩 @RobinhoodCrypto teased an upcoming Stock Tokens update, with more details still to come. 🟩 @RobinhoodCrypto announced a two-week USDG rewards promo for Robinhood Stock Tokens through Trust Wallet. The promotion is run by Trust Wallet, not Robinhood. Stats 🟩 Robinhood Chain reached $75B in cumulative DEX volume. 🟩 @RobinhoodApp has distributed more than $800K in stock rewards since launch. 🟩 @L4VAprotocol opened registration for a 10% sale discount, with the sale running for 24 hours or until sold out. Ecosystem News 🟩 @Morpho announced all USDC markets listed on Morpho Blue are live on Morpho Midnight, including individual and multi-market limit orders. 🟩 @L4VAprotocol announced its Robinhood Chain token launch, backed by and paired with tokenized stocks. The sale starts 26 September at 16:00 UTC, with full trading scheduled 🟩 @ProjectVEXai said more than 85% of fees generated by VEX agents during the campaign will be used to buy back and burn $VEX. Ecosystem News 🟩 @Morpho announced all USDC markets listed on Morpho Blue are live on Morpho Midnight, including individual and multi-market limit orders. 🟩 @L4VAprotocol announced its Robinhood Chain token launch, backed by and paired with tokenized stocks. The sale starts 26 September at 16:00 UTC, with full trading scheduled for 27 September at 16:00 UTC. 🟩 @Arvo_Protocol published $ARVO tokenomics with a fixed 1B supply covering team, business growth, liquidity, treasury, partners, staking, reserves, ecosystem, and community allocations. 🟩 @swarm_rh teased an upcoming launch for 24 September at 16:00 UTC. 🟩 @robinseed_xyz announced its full-stack Robinhood Chain launchpad will go live on 25 September at 6 PM EST, covering presales, fairlaunches, locks, staking, swaps, bridging, SeedShot, and creator rewards. Launching & Shipping 🟩 @flock_io launched THIS / THAT 1.2 on its API, a free one-forward-pass decision model with no generated tokens. 🟩 @prismassets launched the Prism L3 testnet on Robinhood Chain, using $PRISM as gas through an Arbitrum Orbit EVM chain. 🟩 @ProjectVEXai launched its Robinhood trading campaign with Lighter through Superboard and made AgentScan live across 40+ chains. 🟩 @fraxfinance made sfrxETH live on Robinhood Chain, backing UFG Immutable Treasury v2 with staking yield. 🟩 @Takopull launched $TAKO on Robinhood Chain 🟩 @alandalexyz launched eight auto-compounded boosted vaults on Beefy. 🟩 @CodemenTech launched on Pons with meme tokens backed by perps, where creator fees fund trading strategies and part of realized profits goes toward $CODEMEN buybacks and burns.
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Frax Force retweeted
Among $frxUSD Peg Keeper pools with over $1M in TVL, USG/frxUSD is the one offering the highest returns. Links to deposit below 👇
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Frax Force retweeted
Stablecoin fall is getting started to pump with frxUSD! ☀️ Best stable yields with frxUSD (@fraxfinance) pairs. 🧑‍🌾 Being the lazy farmer that I am, I want the best risk-adjusted yields in defi, and, I can get them all using the best Peg Keeper in the game, frxUSD by @fraxfinance sdUSD (@dTRINITY_DeFi) and sUSDai taking the top spots this week with 26.1% and 18.9% APY respectively. Wow. 🤯 There are quite a few opportunities paying over 15% APY this epoch. Happy farming anons. 🧑‍🌾 And thank you to @FraxForce for my sweet image.
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Frax Force retweeted
Pivot to stablecoin infra, neobanking, payment rails and tokenisation while it’s still quite🫡 A storm is brewing 👀 -Frax
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JUST IN: The Federal Reserve requests public comment on two proposals to establish a regulatory framework for payment stablecoin issuers under the GENIUS Act. As a stablecoin issuer, @fraxfinance built $frxUSD on that ethos, designed from day one meet the GENIUS Act standard.
Replying to @federalreserve
@federalreserve requests public comment on two proposals related to establishing a regulatory framework for Board-supervised payment stablecoin issuers under the GENIUS Act: federalreserve.gov/newsevent…
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Frax Force retweeted
Treasury v2 gives $UFG the muscle to be productive in it of itself. By having sfrxETH for yield and Reserve Loans for liquidity, it lays the foundation for a powerful primitive that serves $UFG holders. You can learn more about Treasury v2 in the article below.
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The won going global is not a slogan. $KRWQ was built by @IQofficial with Frax on the same GENIUS aligned stack as $frxUSD. Offshore KRW. Onchain FX. Demand for Korean bonds and tokenized assets. That’s how a non-USD stablecoin scales on Frax infra, while serving benefits for both U.S. and non-U.S. networks. 🇰🇷👇
Our vision for KRWQ goes beyond putting the won onchain. 🇰🇷 We're building global infrastructure for KRW, starting with offshore FX, to drive new demand for the won, Korean government bonds and, eventually, tokenized Korean assets. More demand for KRW. More efficient FX. More capital into Korea. That's how KRWQ is good for Korea. Read more: prnewswire.com/news-releases…
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Frax Force retweeted
This is the big news. The ONLY two eligible Stablecoins are USDC and frxUSD. One more step further to become THE default for DeFi and RWA. -Frax
Replying to @fraxfinance
2/ Another institutional milestone for frxUSD: As part of this launch, frxUSD is now a mint asset for @MidasRWA mF-ONE. Besides USDC, frxUSD is the only stablecoin with this status. That means frxUSD is becoming part of the primary flow for institutional onchain assets.
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frxUSD on @ether_fi is already being spent in the real world. 235 holders, $388,447 spent, 7,614 transactions. Card spend earns cashback, while you can book hotels and flights through their Travel page. We like using EtherFi, we think it's one of the superior neobanks.
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Frax Force retweeted
Every new asset class ends up wanting the same DeFi primitives. For tokenized assets, collateral is the big one. That's what turns them into productive assets. Borrowing against them should be as easy as it is with anything else onchain.
1/ Frax and Gearbox are unlocking automated RWA leverage. frxUSD is now the underlying stablecoin asset for @GearboxProtocol's new RWA market, bringing institutional-grade liquidity to one-click RWA leverage, starting with @MidasRWA mF-ONE. Leave it to two DeFi OGs to unlock RWAfi.
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That’s the economic upgrade $frxUSD was built for. 1:1 backed by tokenized U.S. Treasuries (BlackRock BUIDL, Superstate USTB, WisdomTree WTGXX). A GENIUS stablecoin dollar has far more T-bill purchasing power than a dollar in a bank deposit. The world is just catching up to what Frax has already built.
JUST IN: US WEIGHS INITIATIVE TO PROMOTE DOLLAR-BACKED STABLECOINS. STRUCTURAL DEMAND FOR SHORT-TERM TREASURIES IS HUGE FOR THE US. Stablecoins have now become a national economic security tool. We’ve came a long way. Source: BBG
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Builders on @RobinhoodCrypto are leveraging frxUSD to grow. @ArrowFinanceio’s frxUSD PSM gives users 1:1, zero-fee conversions to aUSD while creating a revenue stream for the protocol through yield-bearing reserves. This is how frxUSD helps ecosystems scale.
Arrow’s frxUSD PSM is now 1:1 and completely fee-free. Users get seamless, zero-fee conversions, while Arrow benefits from the yield-bearing PSM reserves. That yield creates a new source of protocol revenue that can be shared back with the Arrow ecosystem. Better liquidity. Better peg infrastructure. Sustainable protocol revenue. staking.arrowfinance.io/psm
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You may have heard of @kpk_io for building one of DeFi’s fastest proprietary risk mitigation systems, saving users millions. They're a top DeFi curator and treasury manager, with $200M+ AUM growing fast. Now they’re curating a frxUSD vault for @GearboxProtocol RWA leverage 💪
KPK expands its RWA offering with @GearboxProtocol's one-click leverage and redeem features! A new KPK curated pool lets users borrow @fraxfinance's frxUSD against @MidasRWA's mF-ONE and mGLOBAL from @FasanaraCapital
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Frax Force retweeted
The @Frax strategy: ¤ Build a fully backed institutional stablecoin ¤ Connect it deeply across DeFi ¤ Share reserve economics with partners ¤ Make frxUSD the default liquidity and subscription asset for onchain markets Excited to cook with DeFi OG @GearboxProtocol.
1/ Frax and Gearbox are unlocking automated RWA leverage. frxUSD is now the underlying stablecoin asset for @GearboxProtocol's new RWA market, bringing institutional-grade liquidity to one-click RWA leverage, starting with @MidasRWA mF-ONE. Leave it to two DeFi OGs to unlock RWAfi.
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Frax asset expansion on Robinhood continues. @UFGDeFi Treasury v2 holds ethereum:0xac3e018457b222d93114458476f3e3416abbe38f as its base asset. Post $UFG and borrow sfrxETH, up to 80% of your sfrxETH share. Redeeming $UFG pays 85% of that share in sfrxETH.
sfrxETH is live on Robinhood Chain, backing @UFGDeFi's Immutable Treasury v2. Treasury v1 held ETH. v2 holds sfrxETH, so the floor under every UFG token earns best-in-class staking yield instead of sitting idle. Frax continues to grow on @RobinhoodCrypto.
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RT @MidasRWA: Leveraging security tokens has meant manual loops, and several redemption steps to exit. @GearboxProtocol now automates it f…
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