Frax Launches Biweekly Newsletter for Project Updates

**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 participation in stablecoin discussions at the Stablecoin Summit in Singapore, where he joined M0's CEO in a fireside chat on stablecoins in DeFi. [Learn more about ETHConf 2026](https://ethconf.com)

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.

**Royco Protocol** has received its first deposit exceeding $1 million in **frxUSD**, marking a significant milestone in their partnership. - The collaboration goes beyond simple liquidity provision - Represents a strategic bet on capital-efficient, trusted DeFi infrastructure - Signals growing adoption of frxUSD as a preferred stablecoin pairing This deposit demonstrates increasing confidence in frxUSD's role in building sustainable DeFi protocols. The partnership aims to advance capital efficiency while maintaining trust in decentralized finance.

**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)

**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.