Falcon Finance launches fUSD stablecoin with Anchorage &…

Falcon Finance, the synthetic dollar protocol behind $1.58 billion in USDf circulating supply, has partnered with Anchorage Digital Bank and Ceffu to launch fUSD — a U.S. dollar payment stablecoin built for institutional use. The coin is issued by Anchorage Digital under OCC reserve supervision, with monthly attestations conducted by Deloitte, giving it a compliance pedigree few new stablecoins can match at launch.

fUSD is positioned as GENIUS-ready, meaning its architecture is designed to conform to the emerging U.S. stablecoin regulatory framework. Because the GENIUS Act prohibits issuers from directly paying yield on stablecoins, Falcon Finance routes Treasury-backed returns to eligible institutional holders through a separate rewards structure — keeping the payment instrument clean while preserving the yield proposition.