$0.99
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At Close: Jun 03, 2026
Somnia taps Frax to launch USDso stablecoin for high-frequency DeFi
08:44am, Tuesday, 05'th May 2026
Somnia's new USDso stablecoin, issued by Frax Finance and backed by tokenized Treasuries, routes reserve yield back into Somnia's high-throughput DeFi ecosystem.
Polygon, Frax, and Curve Ignite Onchain Forex With New Liquidity Pools
10:38pm, Thursday, 09'th Apr 2026
The collaboration between Polygon Labs, Frax Finance, Curve, and DFB Network marks a milestone in decentralized finance by introducing a suite of liquidity pools for the foreign exchange market. To en
Sonic Labs Launches USSD: A Network-Native USD Stablecoin Backed by BlackRock and Frax Infrastructure
05:28am, Tuesday, 10'th Mar 2026
Sonic's permissionless dollar stablecoin offers zero minting fees and cross-chain access from 10+ networks.
Sonic Debuts USSD, a Network-Integrated USD Stablecoin Built on Frax's frxUSD Framework
01:57pm, Monday, 09'th Mar 2026
TL;DR USSD launched on Sonic as a network-integrated, permissionless USD stablecoin built on Frax's GENIUS-compatible frxUSD infrastructure and designed to anchor liquidity. The token is backed 1:1 by
Sonic Labs taps Frax infrastructure for native network stablecoin
10:50am, Monday, 09'th Mar 2026
Sonic Labs' USSD stablecoin is backed by tokenized Treasuries products from BlackRock, WisdomTree, and Superstate.
Brazil lawmakers move to outlaw algorithmic stablecoins like USDe, Frax
09:14am, Thursday, 05'th Feb 2026
Brazil advances a bill to ban algorithmic stablecoins and force all domestic issuers to fully collateralize tokens, tightening rules in a market where stablecoins drive 90% of crypto flows.
IQ and Frax Launch KRWQ, First Korean Won Stablecoin on Base Network
02:19pm, Thursday, 30'th Oct 2025
IQ and Frax introduced KRWQ, marking the debut of a won-pegged stablecoin on Base. The token uses LayerZero technology for cross-chain transfers.
Frax and IQ Unleash the Revolutionary KRWQ Won Stablecoin on Coinbase's Base
07:21am, Thursday, 30'th Oct 2025
TL;DR KRWQ becomes the first Korean won-pegged stablecoin on Coinbase's Base, developed by IQ and Frax with an institutional-grade and compliance-focused framework. It uses LayerZero's Omnichain Fungi
Frax, IQ launch Korean won-pegged KRWQ on Base amid stablecoin push
02:05am, Thursday, 30'th Oct 2025
Crypto protocols Frax and IQ have partnered to launch KRWQ, a Korean won stablecoin designed to be fully regulatory-compliant amid the country's stablecoin push.
Who Could Win Hyperliquid Stablecoin Bid? Paxos, Frax, or LayerZero?
10:44am, Wednesday, 10'th Sep 2025
Hyperliquid, a decentralized exchange and layer-1 blockchain, has unleashed one of the most competitive battles in DeFi. The project is on the watch for the right partner to issue USDH, its native sta
Crypto.com provides custody solutions to Axelar Foundation and Frax
08:18am, Monday, 08'th Sep 2025
Crypto.com, a major cryptocurrency exchange, has forged two new institutional partnerships with the Axelar Foundation and Frax, according to the information shared with Finbold on Monday, September 8.
3-Way Push for USDH: Paxos, Agora, and Frax Pitch Stablecoin Infrastructure to Hyperliquid
01:30am, Monday, 08'th Sep 2025
This week, Hyperliquid received competing proposals from Paxos, Agora, and Frax to supply stablecoin infrastructure for USDH, with each bidder emphasizing regulatory posture, distribution, and how yie
Paxos, Frax, and Agora fight for Hyperliquid's USDH stablecoin contract, with more bids likely incoming
04:29pm, Sunday, 07'th Sep 2025
Hyperliquid is currently heavily reliant on USDC, with $5.5 billion worth of Circle's stablecoin held on the platform.
DeFi Platform Frax Selects Crypto.com Custody to Secure Digital Assets
09:12am, Wednesday, 03'rd Sep 2025
Crypto.com announced that Frax, the financial technology company helping to build the decentralized finance protocol and network behind a suite of stablecoins and liquid staking assets, has selected C
Memecoins and DeFi beat Bitcoin as BONK, CRV, FRAX post over 20% gains in 24 hours
10:14am, Thursday, 17'th Jul 2025
Eight disparate digital assets posted outsized 24-hour gains, with FLOKI surging 31.78%, CRV 26.77%, FXS 22.45%, TOSHI 20.71%, FARTCOIN 20.01%, MEW 17.92%, TRAC 16.71%, and BONK 16.36%, amid a liquidi
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