Frax and Superstate partner to combine DeFi with tokenized Treasury infrastructure for frxUSD and FraxNet.

Frax Finance has announced a partnership with Superstate aimed at combining DeFi and traditional finance. According to the announcement, Superstate will contribute tokenized Treasury infrastructure onchain, while Frax extends utility through frxUSD, FraxNet, and DeFi-native distribution. Superstate stated that the next wave of stablecoins will depend on reserve infrastructure that is programmable, liquid, and composable, adding that Frax helped define past stablecoin eras and is helping define the next one with frxUSD. The post also tagged Robinhood Crypto and Sam Kazemian, suggesting further developments ahead.

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• FRAX
• Treasury
• Infrastructure
• DeFi