ME News reports that on May 27 (UTC+8), Falcon Finance announced the launch of fUSD, a USD-backed stablecoin compliant with the GENIUS Act, in partnership with Anchorage Digital Bank. fUSD is the first GENIUS-ready stablecoin launched on Ceffu’s institutional infrastructure, featuring an income structure: eligible institutional holders can share in the economic returns generated by the fUSD reserve, targeting an annual yield of approximately 3%. Rewards are provided by Falcon Finance under separate bilateral agreements with qualified institutional holders, not by Anchorage or Ceffu. Falcon Finance will be among the first holders, allocating a portion of its corporate reserves to fUSD from day one. (Source: Foresight News)
Falcon Finance and Anchorage Digital Bank Launch Genius-Compliant Stablecoin fUSD
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Summary
Falcon Finance has launched fUSD, a Genius Act-compliant stablecoin in partnership with Anchorage Digital Bank. This token launch marks the debut of a dollar-backed stablecoin built on Ceffu’s institutional infrastructure. Eligible institutional holders can earn returns from fUSD reserves, with a target annual yield of approximately 3%. Rewards are provided by Falcon Finance through bilateral agreements. The company will allocate a portion of its reserves to fUSD at launch. This digital asset announcement underscores Falcon’s early commitment to its own product.
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