Frax USD (FRXUSD)

frxUSD/trUSD is live on @CurveFinance.

What is different about this one:
@fraxfinance backs frxUSD with tokenized treasuries and money market funds. Rather than keep that reserve income, they forward it into the pool's incentives.

What you earn:
A share of the fees on every swap routed through, the incentives Frax streams to the pool, and 30x Cores for supplying. The pool reads 10.43% APY today.

You can also stake the LP shares on @ConvexFinance.

Links below.

frxUSD as one of 5 default stablecoins in 2030? - Wide infrastructure like distribution could make it possible

Implementations like:

- 30+ Pegkeeper Pools on Curve

- Early integrations on Aave v4, etherfi cash card, etc.

- Forex pairs on Polygon with leading non USD stables

- Providing whitelabel solutions for the Sonic ecosystem, Somnia & more

- Already implemented with frxUSD.b into privacy first venues like Canton Network

Sam’s vision seems not too far away.

1/ Theseus has chosen frxUSD as the default stablecoin for its agentic payments platform.

All agent wallets + commerce across Theseus will be powered by frxUSD, trusted digital dollars for AI.

Excited to support @TheseusNetwork as they build at the intersection of AI + crypto. https://t.co/XICpMu0siB