Somnia taps Frax to launch USDso stablecoin for high-frequency DeFi
Somnia's new USDso stablecoin, issued by Frax Finance and backed by tokenized Treasuries, routes reserve yield back into Somnia's high-throughput DeFi
➤ Somnia has launched USDso, a new stablecoin issued by Frax Finance, backed by tokenized U.S. Treasuries and designed for high-frequency DeFi applications. ➤ The stablecoin utilizes an over-collateralized model, allowing minting 1:1 against assets like USDC, and routes 90% of its reserve yield back into the Somnia DeFi ecosystem. ➤ This initiative aims to bridge real-world asset yields into DeFi, positioning USDso as a core settlement asset for on-chain protocols and potentially tokenized traditional finance instruments.
