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Somnia taps Frax to launch USDso stablecoin for high-frequency DeFi

Crypto News: Bitcoin, Ethereum & XRP News | crypto.news [Unoffi… May 5, 2026
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Somnia’s new USDso stablecoin, issued by Frax Finance and backed by tokenized Treasuries, routes reserve yield back into Somnia’s high-throughput DeFi ecosystem. How USDso is structured on Somnia Somnia, a high-throughput L1 developed with Improbable and the Somnia Foundation, has…

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