🌉 Frax Launches Fee-Free frxUSD Bridge Across 25 Chains
🌉 Frax Launches Fee-Free frxUSD Bridge Across 25 Chains
🌉 Fee-free bridge drops
Frax has launched the frxUSD Bridge, enabling direct transfers of frxUSD across 25 blockchain networks. The bridge is operated by Frax and powered by LayerZero.
Key Features:
- No volume fees for users
- No integration fees for chains
- Direct cross-chain transfers
- Available at frax.com/swap
This launch builds on Frax's recent expansion efforts, including:
- Integration with StableFlow for easy cross-chain swaps
- Launch of FX markets on Polygon pairing frxUSD with major non-USD stablecoins (BRZ, tGBP, AUDF, KRWQ, IDRX)
- Growing PegKeeper pool TVL surpassing $50M
- Partnerships with 20+ protocols choosing frxUSD as their default stablecoin
The bridge reflects Frax's philosophy that "DeFi money should move freely" across the ecosystem.
Introducing the frxUSD Bridge. A direct way to move frxUSD across 25 chains. Operated by Frax and powered by @LayerZero_Core, we don’t charge users volume fees or charge chains integration fees. Because we believe DeFi money should move freely. frax.com/swap
Introducing the USDC Bridge. A direct way to move USDC crosschain. Built and operated by Circle, USDC Bridge gives you a predictable, transparent way to move USDC between chains: → Native burn-and-mint transfers → Clear fees upfront, with live status and progress → No route
Last week, FX on @0xPolygon launched 🌎🌍🌏 frxUSD is now the default stablecoin pair with major non-US stablecoins in @CurveFinance pools, with @DFB_DeFi market making. Join us Wednesday as we discuss why FX onchain matters and how you can participate. x.com/i/spaces/1pKdR…
4/ @tokenGBP tGBP: the Premier British Pound Stablecoin 🇬🇧 Now paired with frxUSD on Curve on Polygon.
frxUSD is one of the most productive stablecoins you can put to work in DeFi. Now, with StableFlow, you can easily swap into frxUSD across chains in just a couple clicks. Learn more about current frxUSD opportunities👇
You can now swap into @fraxfinance frxUSD from any chain in one click. The real question is: what do you do with it? Where to go from there ↓
1/ Frax, Curve, Polygon, and DFB are launching onchain FX markets with top non-USD stablecoin issuers. @CurveFinance FX pools are now live on @0xPolygon with frxUSD as the default dollar pair with market-making by @DFB_DeFi. Global currencies. 24/7 liquidity. Real-world usage.
🌎🌍🌏
3/ @transferogroup BRZ: Fully backed by the Brazilian real, with $300M+ TVL. According to DeFiLlama, it’s the 26th-largest stablecoin overall. 🇧🇷 Now paired with frxUSD on Curve on Polygon.
8/ What’s live: Curve FX pools on Polygon, pairing frxUSD against: BRZ, tGBP, AUDF, KRWQ, IDRX There's also a frxUSD-USDT0 pool for dollar stable liquidity. Incentives are live now. Get started: curve.finance/dex/polygon/po…
When one of the top non-USD stablecoins, @BrzToken BRZ, looks to pair with a USD stablecoin in DeFi, they choose frxUSD. Welcome to the productive frxUSD family, @transferogroup 🤝 Together, we will help bring Brazil onchain 🇧🇷
BRZ just entered the new FX pool on @CurveFinance on @0xPolygonFdn . 🇧🇷 Transfero joins a select group of global issuers in this move, led by @fraxfinance and @DFB_DeFi, to bring real FX markets on-chain. Our @BrzToken just got a new space in DeFi. 👇 curve.finance/dex/polygon/po…
New frxUSD PegKeeper Pool Alert 🚨 @Eva_Markets evaUSDT has selected frxUSD as its default stablecoin pairing. evaUSDT offers yield from its underlying isolated lending strategy: @wintermute_t loans on @WildcatFi. Get started on Curve: curve.finance/dex/ethereum/p…
x.com/i/article/2042…
6/ @KrwqCash KRWQ: the first Korean won stablecoin 🇰🇷 Now paired with frxUSD on Curve on Polygon.
frxUSD is now live on @0xStableFlow 🌊 Swap between frxUSD and USDC/USDT in one click across 25+ chains, powered by FraxZero and NEAR Intents. Get started: app.stableflow.ai
frxUSD is now live on StableFlow. Experience 1:1 rates and zero slippage when swapping USDC/USDT with frxUSD across 25+ chains. Powered by @fraxfinance and @NEARProtocol Intents. The future of stablecoin liquidity starts here.
frxUSD in PegKeeper pools just crossed above $20M📈 Total PegKeeper TVL is now $50M+, and frxUSD in these pools is also climbing. Once dominated by crvUSD, our PegKeeper strategies are resurging and diversifying, with 20+ protocols (and counting) choosing to pair with frxUSD.
5/ @ForteAUD AUDF: Australia’s Digital Asset 🇦🇺 Now paired with frxUSD on Curve on Polygon.
2/ FX is the largest market in the world with ~$7T traded daily. Until now, it hasn’t scaled onchain: • High fees • Fragmented liquidity • Nascent infra The Frax, Curve, Polygon, and DFB combo unlocks more potential. Here are the issuers bringing global currencies onchain👇
Protocols like @Tangent_fi continue to build on frxUSD as their default stablecoin. frxUSD is the safest stablecoin you can hold, and its yield forwarding also makes it the most rewarding. An easy choice for building a better DeFi for all. We look forward to Tangent's growth.
We are proud to count @fraxfinance, an OG protocol with one of the cleanest track records in DeFi, as a major partner. Like many before us, we chose the third default. $frxUSD, their GENIUS-compatible stablecoin, is set to play a major role in Tangent’s ecosystem. - Peg Keeper:
7/ @idrx_co IDRX: Indonesia Rupiah stablecoin 🇮🇩 Now paired with frxUSD on Curve on Polygon.
Frax Resumes Cross-Chain Transfers After LayerZero Security Review
Frax has resumed cross-chain transfers after confirming the safety of its security setup following a LayerZero review. **Key Points:** - Cross-chain transfers are now operational after a temporary pause - LayerZero provided a root cause analysis that confirmed Frax's 3/3 DVN (Decentralized Verifier Network) setup remains secure - Frax assets stayed protected throughout the precautionary pause - The protocol maintains a 5+ year track record of secure operations **Background:** Frax paused cross-chain transfers as a precautionary measure while LayerZero conducted a security review following an rsETH exploit that did not affect Frax. The protocol uses a 3/3 DVN configuration with Frax always in the verification loop, providing an additional security layer for cross-chain operations.
Aave V4 Raises frxUSD Caps for Second Consecutive Week
Aave has increased frxUSD supply caps on its V4 platform for the second week running, continuing its measured rollout approach. **Key developments:** - Cap increases reflect Aave's security-first deployment strategy - frxUSD positioned to scale alongside V4's expansion - Best-in-class incentives for frxUSD deposits launching soon The gradual cap raises demonstrate Aave's cautious approach to integrating new assets while maintaining protocol security. Users can deposit frxUSD on [Aave V4](https://pro.aave.com/explore/asset/1/0xCAcd6fd266aF91b8AeD52aCCc382b4e165586E29).
Curve FX Pools Launch on Polygon with Five Global Stablecoins
Frax, Curve, Polygon, and DFB have launched onchain foreign exchange markets on Polygon, pairing frxUSD with five non-USD stablecoins. **Available Trading Pairs:** - BRZ (Brazilian Real) - tGBP (British Pound) - AUDF (Australian Dollar) - KRWQ (Korean Won) - IDRX (Indonesian Rupiah) - frxUSD-USDT0 (dollar liquidity) The collaboration addresses traditional FX market limitations including high fees and fragmented liquidity. DFB provides market-making services while incentives are currently active. [Access pools](https://www.curve.finance/dex/polygon/pools?search=frxusd&sort=-tvl)
BRZ Stablecoin Launches Curve Pool with frxUSD on Polygon
**BRZ**, the Brazilian real-backed stablecoin from Transfero Group, has launched a new liquidity pool paired with frxUSD on [Curve Finance](https://curve.fi) on the Polygon network. **Key Details:** - BRZ maintains over $300M in total value locked (TVL) - Ranks as the 26th-largest stablecoin according to [DeFiLlama](https://defillama.com) - Fully backed by Brazilian real reserves - New pairing enables efficient swaps between BRZ and frxUSD This integration expands liquidity options for Brazilian real exposure in DeFi while connecting to Frax's stablecoin ecosystem on Polygon's low-fee network.