Six local-currency stablecoins now trade against $frxUSD on @aeroxyz, with DFB providing the FX infrastructure. The new markets cover BRZ for the Brazilian real, CADD for the Canadian dollar, tGBP for the British pound, IDRX for the Indonesian rupiah, ZARP for the South African rand and AUDF for the Australian dollar. Each pair gives a local-currency stablecoin a direct market against frxUSD. That creates a common dollar side across currencies that would otherwise need separate liquidity routes. The real opportunity is making currency conversion part of the onchain financial stack. A payment app could use these markets to convert between local-currency tokens and dollar liquidity. A treasury could rebalance between currencies onchain. Traders could swap between the pairs without relying on traditional FX venues for every step. The infrastructure builds on Frax’s earlier FX deployment on Polygon, where Curve and DFB use frxUSD as the common dollar pair across markets including BRZ, IDRX, tGBP and AUDF. @base extends that model to Aerodrome and adds CADD and ZARP to the lineup. This also gives $frxUSD another role in DeFi. It can serve as the dollar asset connecting multiple currency markets, backed by reserves designed to maintain its dollar value. The key question now is whether these markets attract sustained trading and deeper liquidity. Launching the pools establishes the infrastructure; consistent usage is what can turn it into a meaningful FX venue. That is the direction I like here. Frax is expanding and building more markets around $frxUSD. If those markets gain traction, the same dollar liquidity can support more currency pairs, payment routes and onchain financial activity. Making onchain FX more usable with $frxUSD at the center is a big opportunity👀