The community matters to us. The original plan was simple: mint eUSD and earn yield from $MONEY trading fees. That still stands. On top of that, we’re introducing [REDACTED], which gives back to $MONEY holders directly, not just eUSD stakers. Token fees are reserved for eUSD staking yield, buybacks, and company costs. Regarding the supply, roughly half is allocated to early investors, contributors, and strategic partners, with those allocations going into vesting contracts. The remaining half is reserved for rewarding and growing the community. gmoney

Telcoin holds a bank charter, not an exchange license @telcoin operates as a Digital Asset Depository Institution under Nebraska law, which lets it hold customer deposits and issue eUSD as bank money rather than as a stablecoin backed by an offshore reserve. @circle took a different route with a New York trust charter. The distinction decides who can legally hold your dollars and what happens to $TEL holders if something breaks.

Gm ☕️🙋🏽‍♂️, $fxUSD stablecoin lovers 💚 on @beefyfinance 🐮 are constantly eating meat – it’s not much, but it’s an honest day’s work 😉👇 ✅ reUSD/ fxUSD : 7,9% ✅ fxUSD/ USDC : 6% ✅ eUSD/ fxUSD : 7,69% ✅ GHO/ fxUSD : 5,38%

There was a time when you couldn't stream revenue back into a token, and governance tokens made sense because there was nothing else to give holders. That time is over. Today you either accrue revenue into your token or you're a vaporware project, and there isn't a third option. Own is in the business of building products that fund the robinhood:0x0a8b4763c71ac39101b3b8a97e62da0b81549a4f ecosystem. Here is how it works. robinhood:0x0a8b4763c71ac39101b3b8a97e62da0b81549a4f trades against SPY, and every trade pays a fee that is collected in SPY. That fee splits three ways: 30% buys back robinhood:0x0a8b4763c71ac39101b3b8a97e62da0b81549a4f, 60% pays yield to eUSD stakers in SPY rather than in emissions, and the remaining 10% funds the protocol. Then the loop closes on itself, because higher yield pulls people in to mint and stake eUSD, and maxing the boost means buying and staking robinhood:0x0a8b4763c71ac39101b3b8a97e62da0b81549a4f, which is itself the volume that pays everyone's yield. More TVL means more demand for robinhood:0x0a8b4763c71ac39101b3b8a97e62da0b81549a4f, which means more fees, and you are back at the top. The problem with having one flywheel is that it depends on one product staying hot, so we are bolting more fee streams onto the same dollar. Curated Funds is the first of them. Each fund is one token holding a basket that a curator picks and reweights every week, whether that is stocks, crypto, memes or a mix of all three. Every fund has its own pool, every pool generates volume, and every mint and redeem pays a fee, with 100% of the protocol's share flowing into robinhood:0x0a8b4763c71ac39101b3b8a97e62da0b81549a4f. Run that across ten funds and you have ten pools, ten communities and ten fee streams, none of which need robinhood:0x0a8b4763c71ac39101b3b8a97e62da0b81549a4f to be trending to generate anything. At that point eUSD yield stops caring whether one token happens to be hot this week. Tether made $10 billion last year without winning a single meta, because the money always outlasts the game. We are building the ecosystem that funds the money. Private beta coming soon.

Robinhood Chain, Polygon, Morpho, Gearbox, Midas and Monerium. $frxUSD is showing up across a growing number of onchain markets lately. On Robinhood Chain, frxUSD became the first stablecoin pool on @fablesfi. Since then, Fables has added aUSD/frxUSD with Arrow, eUSD/frxUSD with Own and a new frxUSD/USDG market. The Own integration is a good example of where this is heading. eUSD is an overcollateralized dollar backed by tokenized S&P 500 exposure, giving frxUSD a direct liquidity pairing with another RWA-native dollar. On @0xPolygon, frxUSD is moving into FX and credit markets. @Featherlend launched BRZ and frxUSD Morpho vaults. sfrxUSD and tokenized Brazilian Treasury exposure can be used to borrow BRZ, while tGBP, BRZ, sPOL and sfrxUSD can be used to borrow frxUSD. Monerium, Frax and Capa also launched a EURe/frxUSD pool on Uniswap v3. EURe is a MiCA-compliant euro e-money token backed 1:1 by safeguarded euro reserves. The new pool gives EURe a direct onchain route into dollar liquidity through frxUSD, creating a simple EUR/USD market on Polygon. The RWA side is expanding as well. @GearboxProtocol launched one-click leverage for Midas’ mF-ONE and mGLOBAL strategies, managed by Fasanara Capital, with frxUSD as the borrowing asset. Users can access leveraged exposure to tokenized institutional credit through a single credit account. RE7 Labs also launched a Morpho V2 vault that accepts frxUSD deposits and deploys them into curated USDai markets, with sUSDai as the current lending market. RIFT added frxUSD to its onchain execution infrastructure across Ethereum, Base and Ink. Frax already has a strong FX presence on Polygon through Curve and DFB, with frxUSD paired against BRZ, tGBP, IDRX, AUDF and KRWQ. I like seeing frxUSD move into all these different markets. FX, tokenized equities, Brazilian Treasury exposure and institutional credit are all finding different ways to use frxUSD Lets see what comes next 👀