Falcon Finance and Anchorage launch institutional compliant stablecoin fUSD
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Falcon Finance officially announced the joint launch of the USD stablecoin fUSD with Anchorage Digital Bank. This product is positioned as an institutional-grade payment stablecoin compliant with the GENIUS Act framework and has been launched on Ceffu's custody and staking infrastructure.
It is reported that fUSD is backed by reserves such as U.S. Treasury securities and is issued by Anchorage Digital Bank, but it does not directly pay interest or returns to holders.
-- Price
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