Frax

Frax is building better money and the network it settles on.

For onchain DeFi → @fraxfinance
For strategic & institutional news → @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.

[Frax @Frax]

Source: https://t.co/2LEuAjzItG

[Frax @Frax]

JUST IN: @PalmerLuckey's @ereborbank is targeting an $8B+ valuation, just five months after receiving its charter.

Deposits nearly quadrupled in 3 months to $4B+

A bank built for the future of hard tech and crypto is scaling fast. Seems like a good fit for Frax.

[Frax @Frax]

@Official_XEN1 @RobinhoodApp @Lighter_xyz Now is the time to pay attention.

[Frax @Frax]

BREAKING: @RobinhoodApp Chain mainnet is live.

@Lighter_xyz is serving as the core trading platform on the app/chain.

Frax is watching this one closely 🧐

[Robinhood @RobinhoodApp]

Robinhood Chain mainnet is live.

Fast, secure, AI-native, and purpose-built for real-world assets from day one.

https://t.co/klNh8iHFPd

[Frax @Frax]

¤ Frax take: We’re close partners with @Stablecoin and welcome new stablecoin entrants.

The best new stablecoins are giving more back to the ecosystems that grow them, just as frxUSD does.

As the world moves onchain, there’s room for many winners.

[Frax @Frax]

JUST IN: Open USD is a new stablecoin issued by @Stablecoin launching with 140+ partners including Visa, Stripe, Mastercard, BlackRock, BNY, Google, Shopify, Coinbase, and Aave.

[Open Standard @openstandard]

https://t.co/NrHlvge3LG

[Frax @Frax]

Source: https://t.co/sKNxodq0g5

[Frax @Frax]

JUST IN: @hiFramework raised a $400M fund spanning crypto, AI, robotics and energy.

Crypto still has major growth ahead in stablecoins, prediction markets, and tokenized assets.

But the signal is clear: crypto’s best capital allocators are expanding into every frontier market.

[Frax @Frax]

Source: https://t.co/wHJYI30kFa

¤ Frax take: frxUSD is a top stablecoin on Aave V4. We welcome CEXs and DeFi coming together to win.

[Frax @Frax]

BREAKING: @krakenfx is reportedly in talks to buy 15% of @aave at a $385M valuation.

The proposed deal: 35,000 ETH for 250,000 AAVE tokens plus equity.

One of crypto’s biggest exchanges may be betting on DeFi’s biggest lender.

[Frax @Frax]

Source: https://t.co/5A75Bs9DAR

[Frax @Frax]

BREAKING: @Kalshi is reportedly raising at a $40B valuation after clearing $17B in monthly volume.

Kalshi and @Polymarket are now in a full-scale race for prediction-market dominance.

Which platform ends up on top?

[Frax @Frax]

Source: https://t.co/30lV7RHGk0

[Frax @Frax]

JUST IN: Former New York Governor @andrewcuomo will co-chair a new venture between @okx and NYSE owner @ICE_Markets.

The goal: connect crypto markets with US futures and tokenized equities.

[Frax Finance ¤⛓️¤ @fraxfinance]

USDso is Live 🥳

@Somnia_Network is trusting Frax to power its native stablecoin USDso with frxUSD infrastructure.

Institutional-grade reserves, native minting, and a rewards model that sends value back to Somnia’s protocols, builders, and liquidity providers.

[Frax @Frax]

Source: https://t.co/UP9LgTWCh3

[Frax @Frax]

JUST IN: The SEC and CFTC are asking if perpetual futures + prediction markets should be treated as swaps, the same day @CMEGroup sued the CFTC over @Kalshi's perps.

Incumbents want the old definitions enforced. Regulators want them rewritten.

Perps continue to make headlines.

[Frax @Frax]

Source: https://t.co/usDBHb97sI

¤ 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.

[Frax @Frax]

JUST IN: Congress is moving to ban a Fed-issued CBDC until 2030.

The updated 21st Century ROAD to Housing Act includes language blocking the Fed from issuing a CBDC or anything “substantially similar.”

[Frax @Frax]

@martinkrung @elonmusk @SpaceX @cursor_ai Agreed on CLI coding winning. Cursor still has great distribution and talent that SpaceX can put to good use. Now that they're public, money isn't an issue like you say.

[Frax @Frax]

BREAKING: @elonmusk doesn’t buy software. He buys acceleration.

4 days after a record-breaking IPO, @SpaceX is buying @cursor_ai maker Anysphere for $60B.

Cursor hit $2B ARR faster than any software company ever.

The AI upside on $SPCX just got rocket fuel.