
Sam Kazemian maps out why the next wave of stablecoin products will look nothing like today's consumer cards.
From Token 2049 DAS Asia, Sam walks through FraxNet as a neobank app store, why businesses want direct custody and credit on regulated stablecoins, and how a Frax DeFi card can reuse KYC across Aave, EtherFi, and more without starting from zero. He also argues FraxUSD's issuer relationships put Frax in position to power agent-style wallets that hold permissions once and move across venues.
Sam Kazemian is the Founder and CEO of Frax, the team behind FraxUSD and the FraxNet neobank platform.