Falcon Finance Launches fUSD Institutional Stablecoin With Anchorage Under OCC Reserve Supervision
Falcon Finance, a synthetic dollar protocol with $1.58 billion in USDf circulating supply, has launched fUSD, an institutional US dollar payment stablecoin, with Anchorage Digital Bank and Ceffu. fUSD is issued by Anchorage Digital under OCC reserve supervision, with monthly attestations by Deloitte.
The product is being positioned as GENIUS-ready under a framework that prohibits issuers from directly paying yield. Falcon said eligible institutional holders will instead receive Treasury-backed returns through a separate rewards structure.
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@wublockchainFalcon Finance, the synthetic dollar protocol with $1.58 billion in USDf circulating supply, has partnered with Anchorage Digital Bank and Ceffu to launch fUSD, a U.S. dollar payment stablecoin. Positioned as GENIUS-ready, fUSD is issued by
@cointelegraph🔥 UPDATE: Falcon Finance launched fUSD with Anchorage Digital Bank as an institutional US dollar stablecoin.