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RAAC and Frax have formed a strategic partnership to establish deep T-bill and RWA-backed stablecoin pools in DeFi, with pmUSD paired as a core route alongside frxUSD. This collaboration aims to reinforce a liquidity flywheel and expand pmUSD's utility across Frax's product suite, including FraxSwap and FraxLend.

RAAC and Frax have formed a strategic partnership to establish deep T-bill and RWA-backed stablecoin pools in DeFi, with pmUSD paired as a core route alongside frxUSD. This collaboration aims to reinforce a liquidity flywheel and expand pmUSD's utility across Frax's product suite, including FraxSwap and FraxLend.
𝕏/@Raacfi •
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This move is commendable. The partnership should bridge real-world asset with deFi's liquidity creating a robust foundation.

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