On the first day of its mainnet launch, Stable achieved a major integration—frxUSD and sfrxUSD, two stablecoin products, have officially been deployed cross-chain via LayerZero and Stargate.
As a core stablecoin asset, frxUSD, together with its yield-bearing version sfrxUSD, can now circulate within a broader OFT asset ecosystem. This combo strategy is quite clever: the basic stablecoin ensures liquidity, while the yield-bearing version attracts long-term holders.
The Fraxlend lending protocol has also been deployed on the Stable chain, which means these stablecoins are not just sitting in wallets, but can directly participate in lending, liquidity mining, and other DeFi scenarios. The dual utility of cross-chain and lending may bring new use cases to the stablecoin sector.
The choice of LayerZero as the cross-chain infrastructure and Stargate for asset bridging is considered a mainstream solution at present. For users who want to use stablecoins in a multi-chain environment, this integration significantly lowers operational barriers.
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PseudoIntellectual
· 7h ago
frxUSD is expanding pretty fast this time—LayerZero + Stargate on the first day. Feels like they've already set up the cross-chain game.
The sfrxUSD yield version is pretty aggressive; aiming for both liquidity and yield, they really know how to play.
But I’m just worried it might be a flash in the pan. Can lending really take off?
LayerZero is a solid choice, but cross-chain security will still depend on future performance.
This time, Frax wants to do something innovative with stablecoins. Let’s see if the market will buy in.
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GasGrillMaster
· 7h ago
Stablecoins are finally not just sitting idle anymore. This wave of cross-chain lending combos is actually pretty impressive... But LayerZero really needs to be solid, otherwise who will bear the cross-chain risks?
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MetaverseHobo
· 7h ago
This frxUSD cross-chain move does seem impressive—you can lend and borrow directly, unlike some tokens that can only sit idle.
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DAOTruant
· 8h ago
Frax moved fast this time—the ecosystem was ready on mainnet launch day. The LayerZero + Stargate combo is indeed smooth.
Honestly, I like the approach of having both a yield version and a basic version. Lazy users can just hold the basic stablecoin, while those looking to earn can go straight for sfrxUSD.
But we'll still need to see how the lending pool liquidity turns out. I hope it doesn’t end up as just “phantom liquidity” again.
On the first day of its mainnet launch, Stable achieved a major integration—frxUSD and sfrxUSD, two stablecoin products, have officially been deployed cross-chain via LayerZero and Stargate.
As a core stablecoin asset, frxUSD, together with its yield-bearing version sfrxUSD, can now circulate within a broader OFT asset ecosystem. This combo strategy is quite clever: the basic stablecoin ensures liquidity, while the yield-bearing version attracts long-term holders.
The Fraxlend lending protocol has also been deployed on the Stable chain, which means these stablecoins are not just sitting in wallets, but can directly participate in lending, liquidity mining, and other DeFi scenarios. The dual utility of cross-chain and lending may bring new use cases to the stablecoin sector.
The choice of LayerZero as the cross-chain infrastructure and Stargate for asset bridging is considered a mainstream solution at present. For users who want to use stablecoins in a multi-chain environment, this integration significantly lowers operational barriers.