Falcon Finance has launched a new stablecoin.
The issuer for existing stablecoin USDf has announced it is launching another stablecoin targeting U.S. Genius Act compliance.
In partnership with Anchorage, the new stablecoin is called fUSD and looks to become a contender for growing digital payments. Currently on Ethereum and BNB chain.
Falcon has another stablecoin called USDf that is not backed by just cash and short-term treasuries, but rather by a mix basket of underlying assets and is also more geared towards onchain activities across DeFi.
Anchorage Digital is becoming a leading banking partner for many, whether it is for custodying assets and/or acting as the sole issuer.
