Alchemix Migrates alUSD Pools to frxUSD for Enhanced Liquidity
Alchemix Migrates alUSD Pools to frxUSD for Enhanced Liquidity
🔄 Alchemix makes the switch
Alchemix Partners with Frax for Pool Migration
Alchemix, a pioneer in self-repaying loans, is migrating their alUSD pools from legacy FRAX to frxUSD. This strategic move aims to unlock more sustainable liquidity for the DeFi protocol.
Key Details:
- Migration involves transitioning alUSD pools to the newer frxUSD infrastructure
- Partnership builds on long-term collaboration between Frax and Alchemix
- Move positions both protocols for Alchemix v3 launch
The migration represents another protocol choosing frxUSD as a default stablecoin pairing, continuing a trend of DeFi protocols leveraging frxUSD's PegKeeper pools for productive liquidity.
50 users have already chosen $frxUSD as their preferred stablecoin on their @ether_fi card. @royal1dd is the first to show it in action. We look forward to more users choosing to earn and pay with frxUSD. frxUSD is built for payments.
Is it already possible to buy a coffee with stablecoins? I’ve tested out. 🤝 In the following part, I’ll break down how to get the @ether_fi card, how the setup actually works and why paying with $frxUSD, the Genius aligned stablecoin from @fraxfinance, is even more
When you build on frxUSD infrastructure, you can start scaling right away: ¤ Institutional-grade Treasury backing ¤ Cross-chain minting/redemption via @LayerZero_Core ¤ Ramps via @Stablecoin ¤ Backed by our 5-year security track record @SonicLabs USSD is going to grow fast 📈
INSIGHT: Sonic Labs's new stablecoin $USSD hits $600K market cap two days after its launch. The stablecoin is backed by U.S. Treasury bills from BlackRock, Superstate, and WisdomTree.
🇰🇷 KRWQ is coming to Curve and they've chosen frxUSD as their default stablecoin to pair with for productive liquidity. Frax FX is only going to grow.
🇰🇷 KRW liquidity is coming to Curve A gauge proposal is live for the new KRWQ / frxUSD pool on @CurveFinance. • KRWQ — first Korean won stablecoin, yield goes to $IQ • New FXSwap pool • Paired with @fraxfinance’s frxUSD CVX voters can vote: v1.snapshot.box/#/cvx.eth/prop…
The following protocols did over $1M in volume the past month: @CurveFinance crvUSD @MetronomeDAO msUSD @Raacfi pmUSD @protocol_fx fxUSD @avantprotocol avUSD @OriginProtocol OUSD Thanks to all of those trusting frxUSD as a default stablecoin pair for liquidity.
The markets may be volatile, but you can find comfort in stablecoin yield. We designed sfrxUSD to provide the best risk-adjusted stable yield on-chain. sfrxUSD has consistently outperformed the APY of several major options. Set-it-and-forget-it saving: frax.com/earn
New PegKeeper Pool with @AlchemixFi 👑 Our long-term partners and DeFi OGs at Alchemix are migrating their alUSD pools from legacy FRAX to frxUSD, unlocking more sustainable liquidity in the process. Alchemix pioneered the self-repaying loan, and we look forward to v3 soon!
frxUSD PegKeeper pools are taking the next step in utility. What started as a mechanism for deep, efficient stablecoin liquidity is now a source of broader DeFi yield via @StakeDAOHQ's vault. More ways for frxUSD to work. More DeFi legos built on a trusted default stablecoin.
1/ A new frxUSD curated vault is live on Stake DAO. Deposit frxUSD in the Stake DAO curated vault on @Morpho and earn yield from lending against @CurveFinance OnlyBoost LP collateral. With added incentives from @Fraxfinance, @MetronomeDAO & Stake DAO ↳🧵
frxUSD is proposed to be in @aave V4’s Core Hub🏦 As Aave evolves to a modular hub-and-spoke architecture, the assets in the core liquidity layer matter most. frxUSD's inclusion is validation of its position as a trusted default stablecoin. Read more: governance.aave.com/t/aave-v4-hub-…
frxUSD has become a default stablecoin pairing in DeFi, with deep liquidity incentivized by frxUSD's underlying Treasury yield. Now @HydrexFi + @DFB_DeFi are taking that same productive liquidity model global, powering FX markets with @tokenGBP, @BrzToken, + @idrx_co 🌎
Institutional DeFi from @fraxfinance is now in the Hydrex flywheel. Powering Forex Liquidity from @DFB_DeFi with @tokenGBP, @BrzToken, & @idrx_co through $frxUSD's T-Bill yield forwarding.
FXS is upgrading to FRAX on @HTX_Global🎉 FRAX is our upgraded ecosystem token, used as gas on our L1 Fraxtal. It offers exposure to the future of digital dollars through the growth of our GENIUS-compatible stablecoin, frxUSD. Learn more from HTX: htx.com/support/250262…
The inaugural rewards distribution to @ether_fi frxUSD holders is now live 🥳 The choice is easy for EtherFi frxUSD users: hold and spend a secure stablecoin while earning best-in-class rewards. Rewards now stream daily, with more incentives coming soon.
When @aave wins, DeFi wins. That’s why we’re working with Aave in positive-sum to integrate frxUSD as productive collateral, with underlying yield flowing back to Aave users. At Frax, we believe your distribution should entitle you to your yield. frxUSD makes DeFi stronger.
How ideas evolve in DeFi: frxUSD in AAVE is the best example. A few days ago, we discussed about earning extra yield on stablecoins that sit idle inside @aave. The new proposal to bring frxUSD to the platform is a very good idea. It is great to see @fraxfinance focusing on
Some question frxUSD becoming the third default stablecoin. Others see the vision we are building towards.
The third giant in the stablecoin market. The stablecoin sector is over $300B, but USDT and USDC control 85% of it. They capture massive yields and share nothing with users. Frax is positioning frxUSD to break this duopoly by offering a better unit economic model for everyone.
pmUSD by @Raacfi is one of our fastest-growing frxUSD PegKeeper pools, growing to nearly $10M TVL over the past month. DeFi continues to choose more sustainable liquidity with frxUSD.
$20M+ in tradeable assets for pmUSD LPs on @CurveFinance👀 Gud yield.
We welcome @term_labs as the latest protocol to choose frxUSD as a productive PegKeeper for their stablecoin tmvUSDC. tmvUSDC is their meta vault token, allocating across strategy vaults. Stay tuned as incentives flow to the frxUSD/tmvUSDC pool on @CurveFinance this week!
Now live on @CurveFinance: Term USDC Meta Vault with DEX Liquidity paired with @fraxfinance frxUSD Introducing enhanced utility for holders
frxUSD has become a default stable pairing in liquidity pools, and now is becoming a default stablecoin for protocols. We're excited to see Scale channel frxUSD yield into buybacks, pool boosts, and treasury growth. DeFi becomes more sustainable when it chooses frxUSD.
We are thrilled to announce that we are one of the first, if not THE first, to integrate $frxUSD as the default stablecoin of Scale on @base. Frax🤝Scale Why Frax and frxUSD ? FrxUSD generates risk-free yield from tokenized U.S. Treasury assets issued by partners such as
frxUSD is now a connector token on @AerodromeFi 🥳 This makes frxUSD a first-class stable pair for routing and productive liquidity on Aero. Now frxUSD can become a top default stablecoin pairing for @base tokens + soon Mainnet 👀 We’re excited for continued growth with Aero ✈️
1/ frxUSD is live on @tempo from day one 🥳 Major new chain launches are rare. Tempo is one of them. Built for real-world stablecoin payments at scale, Tempo is the kind of chain we want to build on. With @LayerZero_Core, we have a head start bringing frxUSD to Tempo natively.
x.com/i/article/2034…
We welcome @avantprotocol as the latest protocol to choose frxUSD as their PegKeeper 🤝 Avant avUSD provides adaptive, transparent yield with institutional-grade security across multiple chains. They've launched pools on @CurveFinance on Ethereum and @etherexfi on Linea👇
🤝 Avant × Frax Finance Launching avUSD/frxUSD liquidity pools across ecosystems: 🔹Etherex (Linea): 59% APR, driven by ~$2k/week in bribes 🔹Curve via StakeDAO (Ethereum): 38.7% APR, driven by ~$3k/week in bribes Building deep, incentivized, stable, avUSD liquidity.
frxUSD PegKeeper pool volume reached an ATH this month, nearing $200M. 17 protocols have chosen to pair their stablecoin with frxUSD as a default stablecoin pair. These @CurveFinance pools have done $500M+ in trading volume in the past 4 months alone, and continue to grow.
frxUSD is built to be the default stablecoin pair. @ParallelMoney is a great example of what’s possible when you partner with us to use our high-performance assets across any chain.
NEW on Avalanche 🔺: USDp/frxUSD pool is LIVE on @CurveFinance Our partnership with @fraxfinance has been a W; all our pools with frxUSD have been performing strongly, and this one’s no different! Yield is spicy right now 🌶️ LP link in the tweet below 👇
Forex with Frax 🌎 frxUSD is becoming a default stablecoin pair: as secure as incumbents, with more sustainable liquidity powered by its underlying yield. FX is a natural extension. Great to see frxUSD bringing similar benefits to regional stablecoin markets on Hydrex.
Forex with Frax on Hydrex is here. Hydrex has helped regional stablecoins generate up to 10x weekly incentives by pairing with @fraxfinance's frxUSD. Interested in joining? Apply and read the full details below: paragraph.com/@hydrex/forex-…
We built frxUSD as more than a stablecoin. We built it as trusted infrastructure others can build on. @SonicLabs is the first to do it with USSD, using frxUSD infra to unlock a more sustainable, vertically integrated ecosystem with a native stable. This is just the beginning 💥
Introducing USSD, the US Sonic Dollar. A network-native USD stablecoin built to be the stable liquidity layer across the Sonic ecosystem and a core piece of our vertical integration initiative. Built on @fraxfinance's infrastructure. Backed 1:1 by U.S. Treasury bills from
Wherever institutions go on-chain, you can expect frxUSD to be there too. @CantonNetwork is seeing institutional adoption because they addressed pain points by building a privacy-first chain. We’re proud to be a Canton validator and you can expect a strong frxUSD presence soon.
Sean Kelley says Canton is one of Frax's biggest ecosystem bets. The reason? "Their partnership lineup is insane. Every single major bank is signing on." He explains they built "from a customer-first standpoint", talking to institutions first, then building what they need.
4/ frxUSD is becoming a default stablecoin across DeFi, with protocols pairing with it for productive liquidity. Now with @EtherFi it’s moving into payments, which is what stablecoins were always meant for. Stay tuned for more incentives as we grow frxUSD spending on EtherFi.
2/ We’re early adopters of TIP-20, Tempo’s payment-focused token standard. This unlocks frxUSD-denominated fees and best-in-class rewards streaming that anyone can use. We’ll also bring our DeFi expertise and provide liquidity across Tempo stablecoins. x.com/tempo/status/2…
Tempo enables users to pay transaction fees in any stablecoin, no volatile gas tokens required. Rolling out on infrastructure partners including Bridge (@Stablecoin), Frax (@fraxfinance), MetaMask (@MetaMask), and more soon. Learn more in our blog: tempo.xyz/blog/stablecoi…
1/ frxUSD is now on @EtherFi 🥳 For the first time ever, you can spend frxUSD with a DeFi-native credit card, accepted worldwide 💳
The routing war is about becoming default liquidity. Our vision for frxUSD is to become one of a handful of default stablecoins widely accepted across DeFi and real-world payments. We get there by being positive-sum: making frxUSD the most valuable stablecoin to partner with.
The Routing War Most stablecoin discourse is about supply, TVL, and market cap. These matter. But they are not the whole picture. There is a deeper competition happening underneath all of that. And it rarely gets talked about directly. The competition is to become a routing
A new frxUSD PegKeeper pool with @OriginProtocol OUSD is live! This pool not only receives incentives from frxUSD yield-forwarding, but it also receives incentives from OUSD yield, making it one of the most sustainable stable pools in DeFi. Get started: curve.finance/dex/ethereum/p…
The frxUSD/OUSD pool is now live on @Curvefinance, launched in collaboration with @fraxfinance. The pool is supported by Origin’s Pool Booster and co-incentivized by Frax and Origin to bootstrap deep, durable liquidity from day one 🧵 (1/3)
3/ Tempo is building payment rails that make stablecoins useful in the real world. We look forward to continuing to innovate on the bleeding edge with Tempo as they build the future of payments, including agentic payments 👀 Bridge frxUSD to Tempo now: frax.com/swap?tokenA=0x…
Frax CEO to Speak at ETHConf 2026 on Bridging DeFi and Traditional Finance
**Frax founder Sam Kazemian will present at ETHConf 2026 in New York City**, discussing the role of frxUSD stablecoin as Ethereum moves toward institutional adoption. **Key Points:** - frxUSD positioned as a bridge between decentralized finance (DeFi) and traditional finance (TradFi) - Presentation aligns with Ethereum's growing institutional presence - Event scheduled for March 2026 in NYC The appearance follows Kazemian's recent speaking engagement at the Stablecoin Summit in Singapore, where he participated in a fireside chat on stablecoins in DeFi alongside M0's CEO.
crvUSD Bridging on Fraxtal Gets LayerZero Upgrade
Fraxtal is enhancing its crvUSD bridging capabilities through an integration with LayerZero. **Key Details:** - The upgrade will improve cross-chain functionality for crvUSD on Fraxtal - LayerZero provides the underlying infrastructure for the enhanced bridging - This builds on LayerZero's existing presence on the Fraxtal L2 The integration aims to streamline the process of moving crvUSD assets across different blockchain networks through Fraxtal's Layer 2 solution.
🔄 FXS Token Upgrades to FRAX on HTX Exchange
**HTX Exchange Integration** Frax Finance's FXS token is upgrading to FRAX on HTX Global exchange. This follows a similar upgrade on Crypto.com in January 2026. **What is FRAX?** - Serves as the ecosystem token for Frax Finance - Functions as gas token on Fraxtal L1 blockchain - Provides exposure to frxUSD, a GENIUS-compatible stablecoin **Background Context** The rebrand addresses confusion from Frax's evolution from fractionally-backed to fully-collateralized stablecoin: - Original $FRAX stablecoin → $frxUSD - Governance token $FXS → $FRAX Fraxtal, built on Optimism, has grown to over $250M in TVL and focuses on AI integration with near-zero gas fees. [Learn more from HTX](https://www.htx.com/support/25026226006106)
Scale Protocol Integrates frxUSD for Buybacks and Treasury Growth
**frxUSD Gains Protocol Adoption** frxUSD is expanding beyond liquidity pool pairings to become a default stablecoin for DeFi protocols. Scale is now channeling frxUSD yield into three key areas: - Token buybacks - Liquidity pool boosts - Treasury growth This integration demonstrates how protocols can leverage stablecoin yield to improve their economic sustainability. The move follows frxUSD's establishment as a standard pairing in liquidity pools across DeFi.