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CryptoWorld News reports that Wu said that the L1 public chain Somnia has announced the launch of its ecosystem stablecoin USDSo, which is issued and operated based on the frxUSD architecture by the decentralized stablecoin protocol Frax Finance. USDSo uses an over-collateralization model and is backed by assets such as U.S. Treasury bonds, and it can be minted 1:1 with assets like USDC. Its revenue distribution mechanism routes reserve income back into the ecosystem, with 90% allocated to DeFi protocols and 10% used for the insurance fund. This stablecoin is intended to serve high-frequency trading, DeFi, and on-chain protocol scenarios.