A new lending market has launched on Morpho, allowing users to borrow frxUSD using sUSG as collateral. The market is curated by Tangent and 0xAlphaping.
Key Details:
- Platform: Morpho
- Collateral: sUSG (Tangent's staked USG)
- Borrow asset: frxUSD
This follows recent capacity increases on Tangent's frxUSD markets, which have seen strong demand. Tangent uses frxUSD as its core default stablecoin and launched in late May 2026.
Start your week off with yield. Right now, our frxUSD PegKeeper pool with @0xCoinshift USPC is earning up to 25% APR. USPC is a vault for iUSPC, allocated to institutional credit strategies from BlackRock, Fidelity, and more. Deposit on @CurveFinance: curve.finance/dex/ethereum/p…
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…
A new proposal on @piku_dao suggests creating and bootstrapping a frxUSD/USP PegKeeper pool on @CurveFinance. We look forward to this opportunity to support Piku through productive liquidity growth. Learn more👇
Proposal 30: Joint Liquidity Incentivization: frxUSD/USP Curve Pool Pool: frxUSD/USP on Curve Frax: $100 in frxUSD/day Piku: 6,844.63 PIKU/day Goal: To bootstrap institutional-grade liquidity and enable "Yield-Stacked" opportunities for LPs 8-week co-incentive program with
A new frxUSD market is live on Morpho. Use sUSG as collateral to borrow frxUSD with @Tangent_fi. Curated by @0xAlphaping. Get started: app.morpho.org/ethereum/marke…
We are pleased to announce that $sUSG can now be used as collateral to borrow $frxUSD on @Morpho, following a curation by @0xAlphaping. - Liquidity available: 100k $frxUSD - Max loop APY: ~90% - Points for borrowers: 5 pts/day/$ Links and details below 👇
Caps on the frxUSD/scrvUSD market on Tangent have been raised. There's still a little bit of capacity left. Get started: app.tangent.finance/0x5c996574270F…
The borrow caps have been raised by 50% on the following markets: - RLUSD/USDC → Collateral APR: 6.19% || Borrow APY: 3.08% - PYUSD/USDC → Collateral APR: 5.83% || Borrow APY: 3.08% - fxUSD/USDC → Collateral APR: 3.67% || Borrow APY: 0% - frxUSD/scrvUSD → Collateral APR:
4/ @tokenGBP tGBP: the Premier British Pound Stablecoin 🇬🇧 Now paired with frxUSD on Curve on Polygon.
Tangent markets are at capacity. frxUSD markets were the first to fill, as people continue to trust frxUSD as their default stablecoin.
Out of 12 markets, 11 reached capacity less than 5 days post-launch. The borrowing activity demonstrated strong demand, as 2.42M $USG were minted against $2.89M worth of collateral. Stay tuned for the next cap raises.
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 ↓
Our partnership with @piku_dao continues to expand, with high yields on @CurveFinance, and more to come. Piku joins 20+ forward-thinking DeFi protocols choosing frxUSD as their default stablecoin pair, unlocking more productive liquidity.
LIVE NOW: frxUSD/USP pool on Curve 💰 Weekly rewards: • $700 in WFRAX • 47000 $PIKU @fraxfinance + Piku aligned. 🔥 Deposit now: curve.finance/dex/ethereum/p… Upcoming Event: Piku Rush 👀
We’re proud to welcome @0xCoinshift USPC to the frxUSD PegKeeper family. USPC brings institutional credit yield onchain. frxUSD scales it with deep, productive liquidity on @CurveFinance. Get started: curve.finance/dex/ethereum/p…
USPC/frxUSD is now live on Curve. Coinshift & @fraxfinance enabling access to institutional credit yield from BlackRock, Fidelity, and Apollo. Credit is becoming liquid and composable.
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.
A new frxUSD PegKeeper pool with @ParallelMoney USDp is now live on @HydrexFi💧 frxUSD continues to grow as the trusted default for productive liquidity across DeFi. Attractive yields available now👇
New CLAMM pool launching live with @HydrexFi and @fraxfinance USDp/frxUSD on Hydrex 💧 Co-incentivized by Frax, Hydrex, and Parallel, bringing another USDp and frxUSD liquidity venue to life with one of our strongest partners. APR: ⬆️197% Pool link below ⤵️
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…
Pre-deposits for @Tangent_fi are now live 🥳 frxUSD is one of two default stablecoins selected to secure a $TAN allocation. The Tangent protocol uses frxUSD as a DeFi primitive to power its product. Learn more 👇
Public Pre-Deposit access is live. Deposit $USDC or $frxUSD to secure your future $TAN allocation, score points, and earn yield. Link and details below.
Our frxUSD PegKeeper pool with @Tangent_fi USG is incentivized to grow. While some stablecoins pair with frxUSD for secondary market liquidity, Tangent USG trusts frxUSD as its default stablecoin for maintaining peg. Get up to 30% APR + future $TAN allocation by LPing.
The USG/frxUSD pool has now surpassed $2M TVL on @CurveFinance. Beyond the strong APRs on @StakeDAOHQ and @ConvexFinance, depositors are also securing their $TAN allocation and farming points simultaneously. Full details & link in the quoted post below 👇
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…
Tangent, a DeFi protocol built on top of frxUSD as its core default stablecoin, is now live. We look forward to their continued growth.
Tangent is live. Up to 2.5M $USG are available to borrow across 12 markets. Link and details below.
Pre-deposits for Tangent open in one week, with frxUSD as the default stablecoin alongside USDC. Tangent builds on frxUSD PegKeeper pools on @CurveFinance, deepening frxUSD’s usage as a core DeFi stablecoin for onchain liquidity. We look forward to their successful launch.
Tangent’s public Pre-Deposit campaign: Monday, May 18th. Provide liquidity with $USDC or ethereum:0xcacd6fd266af91b8aed52accc382b4e165586e29, hold your position, earn yield, and secure your share of $TAN tokens. Details below 👇
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.
Somnia Network Launches USDso Stablecoin Powered by Frax Infrastructure
**Somnia Network has launched USDso**, its native stablecoin built on Frax's frxUSD infrastructure. **Key Features:** - Institutional-grade reserves backing the stablecoin - Native minting capabilities - Rewards model that distributes value to Somnia's protocols, builders, and liquidity providers This partnership leverages Frax's established stablecoin technology to power Somnia's ecosystem, following Frax's recent collaboration with [Stable](http://frax.com/swap) where frxUSD was selected as one of only two stablecoin options alongside USDT. The integration demonstrates growing institutional adoption of Frax's DeFi infrastructure across multiple blockchain networks.
Alchemix v3 Integrates sfrxETH for Enhanced Self-Repaying Loan Yields

Alchemix v3 has integrated sfrxETH into its Mix-Yield Token (MYT) vaults, enabling users to access ETH staking returns through self-repaying loans. **Key Details:** - sfrxETH brings staking yields to Alchemix's MYT vaults - Users can now access passive yield while utilizing self-repaying loan functionality - MYT vaults allocate deposits across curated yield strategies **Background:** Alchemix v3's self-repaying loan model allows users to borrow against their collateral while the deposited assets generate yield to automatically pay down the loan over time. The integration expands yield options available within the protocol's curated strategy baskets.
frxUSD PegKeeper Pools Head Toward Record Volume Month in June

June is tracking toward record-breaking trading volumes for frxUSD PegKeeper pools, despite Bitcoin's decline. Stablecoin activity remains robust, with multiple protocols selecting frxUSD as their primary stablecoin pairing. **Key developments:** - Top volume drivers include Curve Finance's crvUSD and Metronome's msUSD pools - Parallel Finance's USDp chose frxUSD for default liquidity on Hyperliquid's HyperEVM, becoming the top Curve pool - Alto whitelisted frxUSD in its permissioned PSM to mint DUSD, with a new [DUSD/frxUSD Curve pool](https://www.curve.finance/dex/ethereum/pools/0x104d6a1b97a6cef88d905d7b865a378d90be932a/deposit) now live - frxUSD recently surpassed $1B in total trading volume Market volatility appears to be driving increased stablecoin trading activity, with frxUSD gaining traction as a preferred liquidity pair across multiple DeFi protocols.
frxUSD Trading Volume Hits $1B Milestone as Market Volatility Drives Record Activity

**frxUSD PegKeeper has crossed $1 billion in total trading volume**, with June 2026 positioned to become a record-breaking month driven by increased market volatility. **Key highlights:** - Top performing pools include Curve Finance's crvUSD and Metronome's msUSD - 17 protocols now use frxUSD as their default stablecoin pairing - PegKeeper pools have generated over $500M in trading volume over the past four months - Monthly volume previously reached an all-time high of nearly $200M in March 2026 The surge reflects growing institutional trust in frxUSD as a reliable stable pair for DeFi protocols, particularly during periods of heightened market activity.
Tangent Opens Pre-Deposits Next Week with frxUSD as Default Stablecoin
**Tangent pre-deposits launch in one week**, featuring frxUSD as the default stablecoin alongside USDC. **Key details:** - Tangent integrates with frxUSD PegKeeper pools on Curve Finance - The integration expands frxUSD's role as a core DeFi stablecoin for onchain liquidity - frxUSD offers yield forwarding capabilities alongside its stability features The launch represents continued adoption of frxUSD as a foundational stablecoin for DeFi protocols.