🤝 Frax Partners with Protocol FX for New Curve Finance Pairing
🤝 Frax Partners with Protocol FX for New Curve Finance Pairing
🤝 New DeFi Alliance
Partnership Expansion in DeFi
Frax Protocol celebrates its collaboration with Protocol FX, which recently secured approval for a new trading pair on Curve Finance.
Key Development:
- Protocol FX's fxUSD will be paired with Frax's frxUSD on Curve Finance
- Partnership represents positive-sum collaboration in DeFi ecosystem
- Initiative aims to expand onchain adoption
Strategic Focus
The collaboration highlights Frax's commitment to building partnerships that advance decentralized finance infrastructure and bring more users onchain through cooperative efforts.
This Thanksgiving, we're thankful for all our partners who work tirelessly to bring DeFi to the world. Partners like @protocol_fx, who recently passed a proposal to pair their fxUSD with frxUSD on @CurveFinance. DeFi partners working in positive-sum to bring the world onchain🤝
frxUSD is the ideal stablecoin peg keeper. Fully backed and as safe as USDC, leveraging our DeFi expertise and incentives from underlying Treasuries for growth. This proposal pairs frxUSD with fxUSD from our DeFi friends @protocol_fx to grow together 🤝 forum.aladdin.club/t/proposal-add…
Frax Partners with Rarible to Launch NFT Marketplace on Fraxtal L1
**Frax expands beyond DeFi** by partnering with Rarible to bring NFT marketplaces to Fraxtal, its high-performance Layer 1 blockchain. **Key developments:** - Rarible will launch **10 unique NFT collections** on Fraxtal - Collections feature art, culture, and experimental drops with native Fraxtal integration - Some collections are **already live** - Frax planning **5-year anniversary NFT collection** **Why this matters:** Fraxtal, originally built for stablecoins and DeFi, now welcomes artists and creative communities. Rarible brings proven NFT marketplace infrastructure to the platform. **Security note:** Users warned about potential phishing scams in replies - only trust official Frax channels.
🔄 Curve Founder Proposes Scaling YieldBasis with Multi-Stablecoin Pools
**Curve Finance founder proposes expansion plan** Michael Egorov (@newmichwill) has put forward a proposal to scale @yieldbasis through expanded crvUSD pools. **Key details:** - Pool expansion would include USDC, USDT, and frxUSD - Strategy focuses on growing liquidity across major stablecoins - frxUSD highlighted as GENIUS-compliant and Treasury-backed **Background context:** frxUSD operates as a stablecoin built to GENIUS standards with full backing from tokenized Treasuries. The token maintains deep DeFi integration through various Curve pools on Ethereum. Current frxUSD pairs include partnerships with Bedrock's uniBTC, Falcon's USDf, Sky's sUSDS, and Curve's native crvUSD. *This proposal represents another step in DeFi's ongoing liquidity optimization efforts.*
GENIUS Act Ushers New Era for Digital Dollar Stablecoins
The GENIUS Act has officially become law, establishing the first comprehensive federal framework for payment stablecoins in the United States. This landmark legislation creates clear guidelines for digital dollar stablecoins like Frax USD and USDC. Key impacts: - First clear federal regulations for stablecoins - Enhanced security and compliance standards - Framework for mainstream financial integration Circle and Frax are positioning their stablecoins to operate under the new regulatory framework, aiming to provide compliant digital payment solutions. Learn more about the GENIUS Act at [Circle's overview](circle.com/genius-act)
Frax Makes Waves at Bitcoin Conference with Regulatory Progress
Frax marked significant milestones at The Bitcoin Conference as official sponsors, engaging with over 35,000 attendees. **Key highlights**: - Meetings with lawmakers including J.D. Vance about stablecoin vision - CEO Sam Kazemian discussed future plans with GENIUS+STABLE Acts authors - frxUSD launch designed to meet new regulatory standards - Thousands visited Frax booths to discuss strategy The company is actively working with federal and state leaders to integrate regulated payment stablecoins into the financial system. Visit [frax.com](http://frax.com) to learn more.