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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
184 posts
Frax is building better money and the network it settles on.
For onchain DeFi → @fraxfinance
For strategic & institutional news → @frax
Joined October 2007
- Source: theblock.co/post/405037/ho… ¤ Frax take: The message from Americans is clear: they don’t want a government coin. Private stablecoins like frxUSD encourage open competition, innovation, and better outcomes for everyday users.
- JUST IN: @BlackRock is turning Bitcoin into an income product. BITA, its iShares Bitcoin Premium Income ETF, is expected to launch Thursday, selling call options on IBIT to generate monthly yield. Step one: Spot BTC. Step two: BTC income. Wall Street is productizing crypto.
- JUST IN: @FortuneMagazine just released Fortune Crypto 100: a definitive list of the most influential blockchain companies, built with data analysis from @inca_digital + a survey of leading crypto experts. The stablecoin ranking includes Frax at #5 👀
- Source: experts.bitwiseinvestments.com/cio-memos/what… ¤ Frax take: Frax has been building for this moment for years. We've built the stablecoin operating system for a world that settles onchain.
- BREAKING: the first Fannie Mae–insured mortgage backed by $BTC in the US just got funded on Coinbase. BTC isn’t just being held it’s becoming collateral for the American dream.The first ever Fannie Mae-insured mortgage backed by BTC in the U.S just got funded. Originated and serviced by Better, powered by Coinbase. Rolling out nationwide this summer.¤ Frax Take: Bitcoin holders want to use a scarce asset to get exposure to other scarce assets without selling. Frax is building toward that world too, where frxUSD can make real estate settlement seamless for crypto holders. More to come: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 🔜00:00
- Source: committees.parliament.uk/committee/697/… The benefits of stablecoins are global. Progressive government officials around the world are quickly realizing they don't want to be left behind.
- ETH TO OUTPERFORM BTC? @StanChart Geoffrey Kendrick says Strategy’s first BTC sale since 2022 may be the start of a new regime, with $ETH set to outperform $BTC by ~40% as BTC treasury firms may need to sell to fund obligations, while ETH treasuries can stake for yield instead.
- Source: theblock.co/post/402971/sc… ¤ Frax take: CBDCs aren’t just a privacy risk, they stifle innovation. GENIUS was a huge step, and CLARITY can lock in the U.S. as the home for digital asset innovation, a big win for frxUSD and FRAX.
