frxUSD Expands on Aerodrome with First msUSD Pool Partnership
frxUSD Expands on Aerodrome with First msUSD Pool Partnership
🤝 frxUSD's First Move
Following its recent connector token status on Aerodrome, frxUSD is launching its first new liquidity pool in partnership with Metronome DAO's stablecoin msUSD.
Key developments:
- frxUSD gained connector status on Aerodrome in February 2026
- This status enables frxUSD to serve as a primary routing pair for Base tokens
- The msUSD pool marks the beginning of expanded liquidity options
- More frxUSD pools are expected to follow
The connector designation positions frxUSD as a first-class stable pair for productive liquidity on the Aerodrome platform, with plans extending to Ethereum mainnet.
Now that frxUSD has connector status on @AerodromeFi, you can expect many more frxUSD pools to come. The first is with our friends at @MetronomeDAO pairing with their stablecoin msUSD👇
New LP opportunity for msUSD/frxUSD on @AerodromeFi! Currently earning ~22% APR... Incentivized by @fraxfinance + Metronome
frxUSD Launches Cross-Chain Swaps via StableFlow
**frxUSD expands accessibility with StableFlow integration** Frax's productive stablecoin frxUSD is now available for cross-chain swaps through StableFlow, enabling users to exchange between frxUSD and USDC/USDT across 25+ chains in a single click. **Key developments:** - StableFlow integration powered by FraxZero and NEAR Intents - frxUSD selected as default pairing for major non-USD stablecoins including Brazilian BRZ - New Curve FX pools launched on Polygon featuring frxUSD pairs with BRZ, tGBP, AUDF, KRWQ, and IDRX - PegKeeper pool TVL surpassed $50M, with frxUSD pools crossing $20M - Over 20 protocols now choosing frxUSD as their stablecoin pair The expansion positions frxUSD as infrastructure for global currency markets, offering 24/7 liquidity for international stablecoins. The integration aims to simplify DeFi participation while maintaining frxUSD's yield-forwarding capabilities. [Get started with StableFlow](https://app.stableflow.ai/)
Aave V4 Raises frxUSD Caps as Security-First Launch Continues
Aave has increased deposit caps for frxUSD on its V4 platform as part of its gradual rollout strategy. **Key developments:** - frxUSD caps raised on Aave V4 during weekend deployment - Move aligns with Aave's security-focused launch approach - Best-in-class incentives for frxUSD deposits coming soon - frxUSD has become the fastest-growing stablecoin on Aave V4 The integration brings together Aave's lending infrastructure with frxUSD's yield-forwarding mechanism, where underlying returns flow to Aave users. Users can deposit frxUSD at [pro.aave.com](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.
🔄 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)