Anchorage Digital has begun issuance of Falcon Finance’s US dollar-backed stablecoin, fUSD, through the US federally chartered Anchorage Digital Bank.
Falcon Finance is a DeFi protocol providing universal collateralisation infrastructure for minting synthetic assets and generating yields.
fUSD is designed for institutional trading, collateral, and treasury use cases, and is backed by short-dated US Treasuries, cash, and Treasury-backed repo.
The stablecoin will also use Anchorage Digital Bank’s federally regulated infrastructure, including end-to-end issuance, anti-money laundering, and know your customer standards, along with asset protections.
At launch, fUSD will be deployed as collateral through MirrorRSV, Ceffu’s off-exchange settlement solution, intended to provide institutional traders a regulated dollar asset to be used in active trading workflows without having to leave custody.
The firms say their partnership is indicative of a shared long-term vision for stablecoin infrastructure that is “fast, programmable, and built within durable regulatory frameworks”, and able to shape the next phase of institutional digital finance.
Commenting on the launch, Nathan McCauley, co-founder and CEO, Anchorage Digital, says: “The launch of fUSD marks another step forward in building the regulated stablecoin infrastructure institutions need.
“Stablecoins are entering a new phase, one where institutions need digital dollars purpose-built for specific use cases and backed by clear regulatory standing.”
Andrei Grachev, founding partner, Falcon Finance, adds: "With fUSD now live, institutions have access to a regulated dollar asset designed for how they actually operate, across trading venues, collateral workflows, and treasury desks.”
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