Sam Kazemian

BuilderCryptob. 1993· Iranian-American

Founder of Frax Finance, which issues the frxUSD stablecoin and the Frax Price Index, the first stablecoin pegged to a basket of consumer goods instead of a single currency. frxUSD is built to the standards of the GENIUS Act, the 2025 US stablecoin law. Frax also runs Fraxtal, its own settlement chain, and FraxNet, an account layer that connects stablecoins to regulated banking.