Fraxtal Launch Today - Excitement in the Frax Community

Frax is positioning **frxUSD** to become the third default stablecoin in the market, alongside established players USDC and USDT. **Key developments:** - The project acknowledges that while many stablecoins will launch, only a few will achieve standard status - Frax is forming partnerships with multiple projects to establish frxUSD's market position - The strategy focuses on integration with on-chain neobanks as a key distribution channel **Infrastructure approach:** - FraxNet serves dual purposes as both a neobank and underlying infrastructure - The platform is designed to power other crypto neobanks, not just operate independently - This infrastructure-first strategy aims to embed frxUSD across the emerging neobank sector The announcement reflects growing competition in the stablecoin market as projects vie for position in what's expected to be an increasingly crowded field in 2026.

**KRWQ**, the most traded Korean won stablecoin, has integrated with **FraxNet** to create an efficient KRW-USD settlement corridor. **Key developments:** - Built by IQ AI in collaboration with Frax using frxUSD infrastructure - Partners include BlackRock, Bridge, Superstate, and WisdomTree - Listed on major Korean exchanges: Upbit and Bithumb **Integration benefits:** - Unified, capital-efficient KRWUSD corridor for exchanges and DeFi platforms - New KRWQ/frxUSD liquidity pools, including first pool on Uniswap v4 - Enhanced global KRW settlement capabilities on-chain The integration leverages Frax's GENIUS-compatible network to provide deeper liquidity and streamlined cross-border settlement for Korean won transactions. [Read full press release](https://www.prnewswire.com/news-releases/krwq-the-most-traded-korean-won-stablecoin-joins-fraxnets-genius-compatible-network-302638607.html?tc=eml_cleartime)

**frxUSD selected for exclusive DeFi insurance launch** DEIN.fi has chosen only **three stablecoins** for its insurance platform launch: - frxUSD - USDC - USDT This partnership positions frxUSD as **collateral** for DeFi insurance products, marking a significant step toward making decentralized finance safer for users. The collaboration aligns with Frax's mission to enhance DeFi security and demonstrates growing institutional confidence in frxUSD's stability and utility.

**New incentives launched** for the frxUSD/wBLT liquidity pool on Deli Swap by BMX DeFi. **Key benefits:** - frxUSD's revenue-sharing model offers better capital efficiency than USDC/USDT - Perfect pairing with wBLT's productive liquidity vault - Now live on Base network **Why it matters:** This combination leverages frxUSD's Treasury-backed rewards system with wBLT's yield-generating capabilities, creating a more attractive option for liquidity providers. [Start providing liquidity](https://www.deliswap.com/#/explore/pools/base/0x3779354f8c0065d70f35115508d040008ccf2e6a246d80c4db994e4684e2f72a?chain=base&from=0x4E74D4Db6c0726ccded4656d0BCE448876BB4C7A&tab=swap)

**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.