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via The Block · By The Block Editorial

Falcon Finance taps Anchorage to issue new GENIUS-compliant payments stablecoin fUSD

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The Block Editorial
(08:00 PM UTC)
1 min read
SC
Updated bySarah Chen
1148 views
0 comments

Falcon Finance has tapped Anchorage Digital to launch a new payments stablecoin, fUSD, according to an announcement on Wednesday. The launch represents Falcon’s first step into more traditional stablecoin issuance, after securing a foothold with its crypto-native synthetic dollar token.

The new token will be backed by short-dated U.S. Treasuries, cash, and Treasury-backed repos, aligning with…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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The Block Editorial · The Block

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