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Everything You Need to Know About Frax in 2023 - Sam Kazemian, Frax Finance, Ep. 226

The Blockcrunch Podcast

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The One Real World Asset View, Right?

We don't want fracks to be in place of the commercial bank. We want to actually be the closest thing to the central bank of DeFi, right? Everyone flees to the risk-free asset when there's a liquidity crunch. And Shane, what is that? That's USDC, right? Like, you know, we call it spade-spade. It's not frack yet. It'sNot tethered. The general consensus is that it's USDC and they've done a great job. This is just a fact, right? It's an economic thing.

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