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Falcon Finance and Anchorage Launch Compliant USD Stablecoin fUSD
Svmuu, Falcon Finance announced the joint launch of a USD stablecoin, fUSD, in partnership with Anchorage Digital Bank. Positioned as an institutional-grade payment stablecoin compliant with the GENIUS Act framework, fUSD has been deployed on Ceffu's custody and collateral infrastructure. It is reported that fUSD is backed by reserves such as U.S. Treasury bonds, issued by Anchorage Digital Bank, but does not directly pay interest or yield to holders.
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