daddy.frax(@FraxDaddy):NOT EVERY STABLECOIN DESERVES THE NAME Some are backed by other coins some are backed by algorithms some are just hoping the peg holds then there’s $frxUSD fully collateralized U.S. Treasury-backed redeemable 1:1 native across 20+ chains earning while you hold while the rest of the market plays with the word “stable,” $frxUSD is busy becoming the actual dollar of onchain finance this is the one

2026.08.11 07:37

NOT EVERY STABLECOIN DESERVES THE NAME Some are backed by other coins some are backed by algorithms some are just hoping the peg holds then there’s $frxUSD fully collateralized U.S. Treasury-backed redeemable 1:1 native across 20+ chains earning while you hold while the rest of the market plays with the word “stable,” $frxUSD is busy becoming the actual dollar of onchain finance this is the one

IQ.wiki@iqwiki

2026.08.11 07:02

Not every stablecoin is backed by U.S. dollars 🙅‍♀️ Some are backed by other assets Some are backed by cryptocurrencies Some rely on algorithms “Stable” is doing a lot of work there. Don't get it twisted 🧐