GENIUS Act Ushers New Era for Digital Dollar Stablecoins

Frax Finance praised Binance for listing their upgraded FRAX stablecoin, noting that some exchanges have refused to list the token for political reasons. **Key Points:** - Binance integrated Fraxtal and listed FRAX with a focus on security and user experience - Frax Finance countered recent criticism of Binance, calling their listing process professional - The team emphasized Binance's adherence to higher standards compared to industry norms - Further expansion of offerings at Binance is planned The listing comes amid what Frax describes as attempts to portray Binance as predatory, though their direct experience contradicts this narrative.

**dTRINITY**, a DeFi protocol originally built on Fraxtal, has launched on Ethereum mainnet. - The project represents Fraxtal's multichain expansion strategy - Fraxtal positions itself as a "stablecoin operating system" designed for DeFi innovation - dTRINITY was previously highlighted as an example of what's possible with Fraxtal's infrastructure The deployment marks a significant milestone for projects native to Fraxtal as they scale to Ethereum's larger DeFi ecosystem.

**KRWQ**, the first Korean won stablecoin, has launched on Fraxtal, a Layer 1 blockchain designed for stablecoin infrastructure. **Key integrations include:** - Native issuance using LayerZero technology - Upcoming availability as collateral on Fraxlend - New KRWQ/frxUSD liquidity pool on Velodrome Finance The stablecoin was developed by IQ AI in collaboration with Frax, combining: - Frax's frxUSD infrastructure (partnered with BlackRock, Bridge, Superstate, and WisdomTree) - IQ's Korean market presence through listings on major exchanges like Upbit and Bithumb The integration aims to provide additional DeFi utility for KRWQ on a chain built specifically for stablecoin innovation. [Full press release](https://markets.businessinsider.com/news/stocks/krwq-the-first-korean-won-stablecoin-launches-on-fraxtal-1035756138)

Frax has announced a partnership with RAAC Finance to support pmUSD, a gold-backed stablecoin experiencing growing adoption. **Key Details:** - pmUSD is backed by physical gold as collateral - The collaboration leverages Frax's stablecoin infrastructure - Partnership described as "positive-sum" for both protocols Frax positions its ecosystem as purpose-built to support innovative DeFi projects like RAAC Finance, signaling continued expansion of its stablecoin partnerships.

infiniFi is introducing an **onchain duration engine** that transforms stablecoin deposits into structured yield products. The platform takes dollar-denominated stablecoins and converts them into a **yield stack designed to perform beyond typical DeFi rate cycles**. This approach aims to provide more sustainable returns compared to standard DeFi lending rates. Depositors can **select different risk levels** to match their yield preferences, putting risk management directly onchain. The system allows users to customize their exposure while maintaining transparency through blockchain-based infrastructure. The duration engine represents a shift toward more sophisticated fixed-income products in decentralized finance, bringing traditional finance concepts like duration management to crypto markets.