💲ONCHAIN ​​CA$H — 6PM UTC💲

It was another busy week onchain, so tonight’s live show is loaded: ¤ Market Briefing: The CLARITY Act failed its Senate procedural. As expected ahead of the vote, @SECGov moved anyway, issuing a temporary, conditional "Innovation Exemption" so permissioned Tokenized Securities Venues can trade real, rights-bearing tokenized U.S. stocks. Two days later, the @CFTC submitted its own crypto rulemaking to the White House for review. @Aave is launching a specialized RWA Hub on @avax, letting institutions borrow stables against tokenized assets without selling, with Tether’s GENIUS stablecoin $USAT as a core dollar rail. While @OpenZeppelin, the code under nearly every major stablecoin and tokenized fund, with $37T moved through it, is being acquired by S&P Global. ¤ FUD Filter: @arc caught a wave of early FUD after launch, including people selling over a developer’s nationality, while the chain itself is still settling into meme + DeFi dual-track mode. ¤ @CharmanderX81’s Corner: Live $FRAX TA. ¤ DeFi Yield Radar: $sfrxUSD still leading risk-adjusted stable yield at 4.8% APY. While frxUSD PegKeeper pairs on @curvefinance keep printing: $sdUSD (~25.7% APY) and sUSDai (~25.2% APY) topping this week’s board. ¤ @Frax Ecosystem Update: @samkazemian mentioned "exclusive" NeoBank deals coming via FraxNet / the Frax mobile app. Part 2 of our podcast with @MattVisser (CEO of @SonicLabs) is live: $USSD settlement, Frax rails, Spawn, and token supply. While next week brings another step toward $frxUSD as the institutional onchain liquidity layer, with a fellow DeFi OG. ¤ MORE ☎️