Sam Kazemian Appointed CTO of Stable Project While Retaining CEO Role at Frax Finance

Sam Kazemian takes on the role of CTO at Stable, a blockchain project focused on USDT, while maintaining his position as CEO of Frax Finance.

USDT
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Summary

Sam Kazemian, founder of Frax Finance, has been appointed Chief Technology Officer at Stable, a blockchain project designed for institutional-grade stablecoins, primarily centered around Tether’s USDT. He will continue to serve as CEO of Frax Finance, further consolidating his influence in the blockchain space.

Terms & Concepts
  • USDT: Tether’s USD-backed stablecoin, known as USDT, is widely used across cryptocurrency markets for stable-value transactions.
  • Frax Finance: A decentralized finance (DeFi) platform offering algorithmic stablecoins and a multi-token ecosystem to provide scalable decentralized finance solutions.