Falcon Finance and Anchorage Digital Bank launch USD stablecoin fUSD
According to Foresight News, Falcon Finance has announced the launch of the stablecoin fUSD together with an exchange Digital Bank. fUSD is a US dollar payment stablecoin designed to comply with the GENIUS Act. fUSD is the first GENIUS-ready stablecoin to be launched on the institutional infrastructure of this exchange, and features a yield structure: eligible institutional holders can share in the economic returns of fUSD’s reserves, targeting an annual yield of approximately 3%. Rewards are provided by Falcon Finance through individual bilateral agreements with qualified institutional holders, rather than by the exchange or Digital Bank. Falcon Finance will be among the first holders, allocating a portion of its corporate reserves to fUSD from day one.
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