The Frax economy (currency, swapping, yield) is a disruptive idea. It should apply to other currencies as well, not just the dollar.
Tricky in practice without Eur collateral and wider adoption of Eur Crypto trading pairs
Yes, true. We are based in Switzerland and see a lot of interest in on-chain versions of other currencies, so I thought I would raise it. One of Frax’s advantages is that it is super innovative and there is an opportunity to create other currency markets. It is a big world out there besides the dollar.