NEW EP: How the Genius Act Could Change the Dollar Forever With Sam Kazemian & Stani Kulechov
Stablecoins are just 1.1% of US Dollars today. That’s about to change.
In today's episode of Mammoth May🦣, @robbie_rollup sits down with @aave founder @StaniKulechov & @Fraxfinance founder @samkazemian to discuss:
> The Genius Act & Legal M1 Stablecoins
> Why Banks Hate This Bill
> Frax’s Pivot to Digital Dollar Infrastructure
> Aave V4 & the Future of Onchain Credit
> Why RWAs will Eclipse Crypto & Stables
> Sam’s Stablecoin x AI Thesis
Full episode links below.
Timestamps:
00:00 Intro
01:17 Magic Ad
01:33 Massive Stablecoin Adoption
09:01 Stablecoins vs the US Dollar
18:53 Stablecoins, RWAs, Security Tokens
26:15 Big Banks Launching Stablecoin
30:28 Mantle Ad
31:09 Extending US Dollar Credit
37:38 Genius Act Reactions
46:30 Frax’s L2 to L1 Transition
59:44 AAVE V4 Proposal
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Bryan Pellegrino (臭企鹅)
LayerZeroScan volume looking v healthy these days, just a constant rolling stream.
@apecoin
@ethena_labs
@Frax
@StargateFinance
@USDT0_to
+ Testnet bridge
all in a matter of seconds
50,000 tx/day
2,000/hr
34/min
0.5/s
Money moves seamlessly now with @LayerZero_Core
25.61K
373
StableScarab🪲(¤,¤) and reposted
sam.frax
Excited to speak on stage next week at BTC Vegas with the author of the GENIUS Bill himself, legendary Senator Bill Hagerty. We'll discuss how American companies like Frax will work in positive sum, help cement digital dollar dominance, & lead this new stablecoin golden era. 🤝
Senator Bill Hagerty
The GENIUS Act is a historic piece of legislation that will revitalize our payment system into the 21st Century.
20.62K
204
defizard
~40% of $YND is allocated to community incentives?
Backed by people from Frax, Curve, and Convex?
🧵: Why it will become the next breakthrough in DeFi.
33.06K
53
Mars_DeFi reposted
Crypto Koryo
Some of the rare alts outperforming BTC in the last 7d that fewer ppl are paying attention to:
- $MNDE
- $FRAX
- $SYRUP
- $GRASS
- $AAVE
- $KMNO
- $ANIME
- $EUL
- $PENDLE
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55
FRAX price performance in TRY
The current price of frax is ₺39.1153. Over the last 24 hours, frax has decreased by +0.00%. It currently has a circulating supply of 314,901,093 FRAX and a maximum supply of 314,901,093 FRAX, giving it a fully diluted market cap of ₺12.32B. The frax/TRY price is updated in real-time.
5m
+0.00%
1h
+0.03%
4h
-0.06%
24h
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About Frax (FRAX)
Frax (FRAX) is a decentralized digital currency leveraging blockchain technology for secure transactions. As an emerging global currency, Frax currently stands at a price of ₺39.1153.
Why invest in Frax (FRAX)?
As a decentralized currency, free from government or financial institution control, Frax is definitely an alternative to traditional fiat currencies. However, investing, trading or buying Frax involves complexity and volatility. Thorough research and risk awareness are essential before investing.
Find out more about Frax (FRAX) prices and information here on OKX TR today.
How to buy and store FRAX?
To buy and store FRAX, you can purchase it on a cryptocurrency exchange or through a peer-to-peer marketplace. After buying FRAX, it’s important to securely store it in a crypto wallet, which comes in two forms: hot wallets (software-based, stored on your physical devices) and cold wallets (hardware-based, stored offline).
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Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 930 new posts about Frax, driven by 476 contributors, and total online engagement reached 387K social interactions. The sentiment score for Frax currently stands at 75%. Compared to all cryptocurrencies, post volume for Frax currently ranks at 0. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of Frax.
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Posts
930
Contributors
476
Interactions
387,425
Sentiment
75%
Volume rank
#0
X
Posts
672
Interactions
154,443
Sentiment
74%
FRAX FAQ
What’s the current price of Frax?
The current price of 1 FRAX is ₺39.1153, experiencing a +0.00% change in the past 24 hours.
Can I buy FRAX on OKX TR?
No, currently FRAX is unavailable on OKX TR. To stay updated on when FRAX becomes available, sign up for notifications or follow us on social media. We’ll announce new cryptocurrency additions as soon as they’re listed.
Why does the price of FRAX fluctuate?
The price of FRAX fluctuates due to the global supply and demand dynamics typical of cryptocurrencies. Its short-term volatility can be attributed to significant shifts in these market forces.
How much is 1 Frax worth today?
Currently, one Frax is worth ₺39.1153. For answers and insight into Frax's price action, you're in the right place. Explore the latest Frax charts and trade responsibly with OKX TR.
What is cryptocurrency?
Cryptocurrencies, such as Frax, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX TR and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Frax have been created as well.
Monitor crypto prices on an exchange
Watch this video to learn about what happens when you move your money to a crypto exchange.
Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX TR does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX TR. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice. OKX TR does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX TR and its affiliates (“OKX TR”) are not in any way associated with the owner or operator of the TPW. You agree that OKX TR is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
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