Launch: Falcon Finance Introduces fUSD with Anchorage Digital Bank

Falcon Finance has introduced a new stablecoin, fUSD, in collaboration with Anchorage Digital Bank. According to NS3.AI, eligible institutional holders of fUSD can earn reserve operating profits with a target annual yield of 3%. The stablecoin is issued by Anchorage, and its reserves are managed under the supervision of the Office of the Comptroller of the Currency (OCC). Deloitte will perform monthly proof-of-reserve audits to ensure transparency and compliance.