Frax

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

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

[Frax @Frax]

Welcome home.

Any dollar in, one to one. Native on over a dozen chains. Earning every day you hold.

And out to your bank the same day, on the off chance you want to go.

https://t.co/VqC9dQrGB8

[Frax Force @FraxForce]

“A federal framework for payment stablecoins in the digital age.”

The GENIUS Act sets real standards for payment stablecoins: how they��re backed, how they’re redeemed, how risk is managed.

Once that switch flips on January 18, 2027, compliant payment stablecoins naturally become the default.

That’s why we keep pointing at ethereum:0xcacd6fd266af91b8aed52accc382b4e165586e29. Fully backed, always fiat-redeemable, designed to meet the GENIUS standard from day one.

[Frax @Frax]

BREAKING: Frax makes internet history with .frax

.frax is the first ICANN top-level domain application revealed for a crypto company brand.

Frax plans to connect real internet domains to onchain ownership, payments, AI-native commerce, and the Frax Burn Engine.

[Frax Finance ¤⛓️¤ @fraxfinance]

Frax just made internet history.

.frax is the first ICANN top-level domain application revealed for a crypto company brand, designed to connect real internet domains with onchain ownership, payments, AI-native commerce, and the Frax Burn Engine.

The internet is coming onchain.

[Frax @Frax]

¤ Frax take: Productive collateral needs productive stablecoin liquidity.

As tokenized equities move across chains and into DeFi, frxUSD is positioned to grow with them: multichain, DeFi-native, and built to make onchain markets more capital efficient.

[Frax @Frax]

JUST IN: Stock-backed loans are now live on @aave V4.

@coinbase tokenized stocks like AAPLc, AMZNc, GOOGLc, MSFTc, NVDAc, and TSLAc can now be used as collateral to borrow USDC on Base.

Tokenized equities are becoming productive collateral.

DeFi is absorbing the stock market.

[Frax @Frax]

¤ Frax take: Frax will be experimenting with Quest.

Small, high-output teams win by compounding context and moving faster.

Crypto already moves fast. AI-native workflows can make already productive teams even faster.

[Frax @Frax]

JUST IN: @ElectricCapital open sources Quest, its internal AI org harness.

Electric is one of crypto’s most respected investors and research teams.

Now they’re sharing how they deploy agents safely: read freely, write only with clear human approval.

[Ken Deeter (building @QuestHarness) @puntium]

Today we are open sourcing Quest, an AI harness that we built at @ElectricCapital, used by all of our teams every day.

Deploying AI to a whole organization is not easy. We looked at many, many options.

Ultimately, there were two reasons that led us to build our own harness: 🧵

[Frax @Frax]

Distribution + functionality. @wbpeck of @WisdomTreeFunds gets it.

That’s why Frax is one of the top holders of WT's WTGXX as frxUSD reserves, and why we keep working together to advance the industry.

Tokenized assets should not just sit on a ledger.

They should empower users.

[The Rollup @therollupco]

Will Peck, Head of Digital Assets at WisdomTree, shares his thesis on why tokenizing an asset is worthless without the functionality behind it.

"Wisdom Tree got relief for our money market fund to allow it to trade in the secondary market, but that was just the starting point.

"If Wisdom Tree is tokenizing an ETF that's naturally a Reg NMS security, this also sets up the ways by which it can trade continuously, 24/7, with good pricing around it, which is exactly what clients want."

"This isn't just distribution, it's distribution plus functionality. It's really the functionality that's required to make this like a thing."

[Frax @Frax]

Frax and @GearboxProtocol launch automated one-click RWA leverage powered by frxUSD.

Starting with @MidasRWA mF-ONE, managed by @FasanaraCapital. The first of many more to come.

Curated by @kpk_io.

[Frax Finance ¤⛓️¤ @fraxfinance]

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.

[Frax @Frax]

¤ Frax take: Institutions won’t rebuild crypto from scratch. When DeFi has already built critical infrastructure, buy or partner makes sense.

Adoption won’t be TradFi replacing DeFi. It will be TradFi plugging into DeFi, and established players stand to benefit.

[Frax @Frax]

JUST IN: @SPGlobal is acquiring @OpenZeppelin.

OpenZeppelin contracts power 9 of the top 10 stablecoins and 10 of the top 10 tokenized funds.

Now one of the most trusted names in global markets is buying one of DeFi's core security standards.

[OpenZeppelin @OpenZeppelin]

Today we are announcing that S&P Global has entered an agreement to acquire OpenZeppelin.

Onchain finance is growing from an emerging market into core financial infrastructure, and the standards and rails our team and community built are becoming the rails of global finance. OpenZeppelin smart contracts facilitated over $37 trillion in value transferred, with the vast majority of the largest DeFi protocols, blockchain networks, stablecoins and tokenized funds relying on them.

With S&P Global, we expect to accelerate the impact of onchain finance, backed by more than a century of trust in global markets, benchmarks, and risk frameworks.

To our clients and to all the users of OpenZeppelin open source tools:
• OpenZeppelin Contracts and all our open source applications and tools remain open source, free, and publicly maintained on GitHub. Building open source standards stays a core priority.
• Audits, engineering work, and ecosystem programs continue with the same team, brand, quality, and customer experience, with what will be the added benefit of S&P Global's research capacity, market data, and institutional reach.

For the last decade, OpenZeppelin has set the security standard for onchain finance. Today begins a new chapter for that mission, together with one of the most trusted names in global markets.

Read the full announcement: https://t.co/lxBUWkWVUK

[Frax @Frax]

¤ Frax take: ATLAS is powerful because the best infrastructure disappears into the product.

That is how we think about frxUSD too.

The default stablecoin layer underneath onchain markets, powering deeper liquidity, better collateral, and more productive user experiences.

[Frax @Frax]

BREAKING: @LayerZero_Core introduces ATLAS, a headless exchange backend for 24/7 global markets.

Any venue. Any asset. Any market. Built for CEX-level execution with onchain settlement.

First came better money technology.

Now comes better markets technology.

[LayerZero @LayerZero_Core]

https://t.co/VPz65GGwRa

[Frax @Frax]

¤ Frax take: Tokenized stocks need DeFi-native stablecoin liquidity.

We’ll be working with the Base ecosystem as frxUSD continues to expand as the ideal stablecoin for productive onchain markets.

[Frax @Frax]

BREAKING: @base just launched tokenized stocks.

1:1-backed equities, live onchain, 24/7.

Stocks are becoming programmable assets. The next market structure cycle is here.

[Base @base]

Stocks have been updated

Coinbase Tokenized Stocks are live on Base

- Available 24/7, 365
- Composable across Base DeFi
- Own the underlying share held in a regulated trust, backed 1:1

Live now, with new stocks coming soon

[Frax Force @FraxForce]

🇺🇸JUST IN:

While a revolution is taking place in the financial capital of the world, @fraxfinance is already positioned.

ethereum:0x3432b6a60d23ca0dfca7761b7ab56459d9c964d0 is a U.S. based token.

[Frax @Frax]

Source: https://t.co/CsKPfJ6yOk

¤ Frax take: Banks are coming onchain for the benefits of digital assets, stablecoins, and tokenization.

The projects already operating onchain have the most to gain as the financial system catches up.

[Frax @Frax]

JUST IN: @Citi expects to launch bitcoin:native custody later this year under its new Custody+ platform.

This follows work on tokenized deposits, Swift’s 24/7 payments pilot, and a planned bank tokenized deposit network.

The banks are coming onchain.

[Frax @Frax]

@andyyy 👀

[Frax @Frax]

JUST IN: July CPI came in at 3.4%, right in line with expectations.

Core CPI fell to 2.5%, also in line.

No inflation surprise, futures are green, and markets get the print they want: boring enough for the Fed, clean enough for risk.

[Frax @Frax]

@andyyy Stablecoin supercycle 🤝