Falcon Finance taps Anchorage to issue new GENIUS-compliant payments stablecoin fUSD
Summary
Falcon Finance is introducing fUSD, a new stablecoin designed to meet the requirements of the GENIUS Act. Backed by U.S. Treasuries, cash, and Treasury-backed repos, the token serves as a regulated counterpart to Falcon's synthetic USDf stablecoin. Anchorage Digital provides the federally regulated infrastructure for collateral management and compliance. Additionally, fUSD is being integrated into Ceffu's MirrorRSV solution to provide institutional users with a regulated dollar asset for trading and settlement workflows.
(Source:The Block)