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A major historical event for Frax as we are live on Sphere this week to kick off an incredible week of firsts! #FRAXonSphere #SphereVegas @SphereVegas
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1/ BIG NEWS: the GENIUS Act just passed the Senate 🥳 This is a turning point for stablecoins in the US and the world. Frax is the most prepared project for this moment. Here's how we built $frxUSD with this exact future in mind 🧵
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1/ Stablecoins just went mainstream – and Frax is at the center of it. Here’s what happened at the world’s largest crypto conference, and why policymakers are backing the future of digital dollars 🧵
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1/ Frax is entering a new era. We're building the first Stablecoin OS, a unified vision for better money and the network it settles on. Trillions of dollars are coming onchain through stablecoins. We intend to capture it. To tell this story, we've created a new X account: @frax
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1/ sfrxUSD now live on Sei 🔴💨 Frax's sfrxUSD is integrated with @SeiNetwork, expanding stablecoin utility across DeFi apps like @jlyvrs and @synnax_labs. frxUSD can now be converted to sfrxUSD directly on Sei, with support powered by @LayerZero_Core.
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1/ sfrxUSD-scUSD Market Live on @SiloFinance 🏦 Generously bootstrapped with $3M scUSD by @rings_protocol, early movers on @SonicLabs get rewarded. Deposit sfrxUSD here: https://v2.silo.finance/markets/sonic/sfrxusd-scusd-48?action=deposit
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