Leviathan News’ episode “How fxUSD Scales to a Billion w/ kmets and Cryptovestor” centers on the planned launch of fxUSD, a crypto dollar product that the guests discuss in terms of how it can grow to roughly $1 billion in scale. The episode description says the token will scale using stETH and sfrxETH, both liquid staking assets tied to Ethereum, indicating that the design relies on staking-backed collateral rather than a purely algorithmic model. The available material also suggests the discussion is tied to supply mechanics and rollout timing for related infrastructure. In the episode, a speaker says minting for an older rebasing model is being reduced to 150 million, with minting to be shut off and the minter burned once that threshold is reached, and notes that circulating supply is already around 148 million on CoinGecko. That matters because it points to a controlled issuance transition around the same ecosystem and helps explain why the launch and scaling discussion is relevant to viewers tracking stablecoin-like crypto dollar products and their collateral framework.

AI-generated background, compiled from web sources — not editorial content.

More coverage

Explore the topic

More on $fxUSD

f(x) Protocol aims to fix DeFi's stablecoin and leverage flaws by linking fxUSD, leveraged positions, staking yield, and liquidity into a single system managing $152M TVL and $56M supply

f(x) Protocol aims to fix DeFi's stablecoin and leverage flaws by linking fxUSD, leveraged positions, staking yield, and liquidity into a single system managing $152M TVL and $56M supply

𝕏/@0xWhizMiz ·

f(x) Protocol partners with 9 Summits to debut an agentic fxUSD vault on Morpho, bringing leverage and liquidity to emerging AI-native assets.

f(x) Protocol partners with 9 Summits to debut an agentic fxUSD vault on Morpho, bringing leverage and liquidity to emerging AI-native assets.

𝕏/@protocol_fx ·

If you still haven't watched this one, we definitely recommend you do so over the weekend. We were honored to be the outlet where the Trustless Force chose to have its first ever public appearance - to share the message of diversifying stablecoin TVL to actually decentralized stablecoins, like $BOLD, $fxUSD, $crvUSD and others. They are also our SQUID Pass holders for the week btw! Thank you for choosing Leviathan News, Trustless Force! Watch here:

If you still haven't watched this one, we definitely recommend you do so over the weekend. We were honored to be the outlet where the Trustless Force chose to have its first ever public appearance - to share the message of diversifying stablecoin TVL to actually decentralized stablecoins, like $BOLD, $fxUSD, $crvUSD and others. They are also our SQUID Pass holders for the week btw! Thank you for choosing Leviathan News, Trustless Force! Watch here:

𝕏 ·

Pangea report finds fxUSD peg held strong amidst a turbulent year

Pangea report finds fxUSD peg held strong amidst a turbulent year

𝕏/@in_pangea ·

f(x) Protocol launches fxMINT, a way to mint fxUSD while keeping your BTC/ETH exposure, by only paying a one-time open/close fee on the borrowed fxUSD

f(x) Protocol launches fxMINT, a way to mint fxUSD while keeping your BTC/ETH exposure, by only paying a one-time open/close fee on the borrowed fxUSD

𝕏/@protocol_fx ·

Limit Orders are live on f(x) Protocol, you can now set limit orders to automatically open or close long/short x/sPOSITIONs at your price

Limit Orders are live on f(x) Protocol, you can now set limit orders to automatically open or close long/short x/sPOSITIONs at your price

𝕏/@protocol_fx ·

Explore the full feed

Comments

Up nextMichael Saylor unveils a 38-book curriculum for leaders, arguing that history, technology, capital, energy and Bitcoin are essential to building stronger civilizations