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Sam Kazemian: How Stablecoins Are Setting The Stage For Every Business To Come Onchain (Why Now)

October 19, 2026, 2:26 AM
Sam Kazemian: How Stablecoins Are Setting The Stage For Every Business To Come Onchain (Why Now)
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How FraxNet Is Turning A Neobank Into An App Store

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.

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