Falcon Finance and Anchorage Digital Bank Launch fUSD, a GENIUS-Ready Stablecoin with Rewards on Ceffu

Chainwire

Wed, May 27, 2026 astatine 2:55 PM CDT 6 min read

GEORGE TOWN, CAYMAN ISLANDS, May 27th, 2026, Chainwire

• Issued by Anchorage Digital Bank, N.A., the archetypal federally-chartered crypto slope successful the U.S. with reserves nether OCC supervision and attested monthly by Deloitte

• The GENIUS-ready stablecoin volition motorboat connected Ceffu's organization infrastructure with a rewards structure: qualifying organization holders stock successful the economics of fUSD's reserves, targeting an estimated 3% per year

• Rewards are paid by Falcon Finance, the commercialized partner, nether abstracted bilateral agreements with qualifying organization holders, not by Anchorage, the issuer nor Ceffu, the custodian

• Falcon Finance volition beryllium a motorboat holder, deploying a information of its ain firm reserves into fUSD from time one

With much than $320 cardinal successful dollar stablecoins present successful circulation and short-dated Treasury yields adjacent 4%, holders collectively forgo good implicit $10 cardinal a twelvemonth successful imaginable returns — income that accrues to issuers alternatively than the desks holding the tokens. fUSD, launched contiguous by Falcon Finance and Anchorage Digital Bank, N.A., is built to adjacent that gap: a GENIUS-ready integer dollar that meets organization compliance mandates portion sharing a information of its reserve economics with qualifying holders. The GENIUS-ready stablecoin volition motorboat connected Ceffu's organization custody and collateral infrastructure with a rewards structure.

Falcon Finance, the synthetic dollar protocol with $1.63 cardinal successful USDf circulating proviso and ranked among the apical 10 stablecoins connected Ethereum by marketplace cap, contiguous announced the motorboat of fUSD, a U.S. dollar outgo stablecoin issued by Anchorage Digital Bank, N.A. fUSD is GENIUS Act ready, the national model for outgo stablecoins enacted connected 18 July 2025.

The GENIUS Act restricts stablecoin issuers from paying involvement oregon output to holders. Anchorage Digital Bank issues fUSD but does not wage output oregon rewards connected the stablecoin itself. Rewards are offered by an entity abstracted from Anchorage Digital Bank, NA. and are tied to the stablecoin’s underlying collateral, specified arsenic U.S. Treasuries. Falcon Finance, arsenic the sanction partner, operates an organization rewards program, targeting astir 3% per year. The rewards are disposable lone to organization entities that participate a contractual statement with Falcon; nary different regulated U.S. dollar stablecoin presently offers this operation to organization holders.

fUSD is supported by Ceffu's organization custody and collateral infrastructure, the aforesaid level utilized by starring trading firms and liquidity providers, including FalconX, Presto and Orderly. Falcon already uses Ceffu wrong its existing custody stack for USDf, its overcollateralized synthetic dollar. By launching fUSD connected Ceffu, Falcon positions the stablecoin wherever nonrecreational desks, treasury desks, high-frequency trading firms, ground traders, and counterparties operating nether choky compliance mandates, already negociate collateral. For these desks, the astir widely-used stablecoins instrumentality thing connected the balances they hold; a regulated, rewards-bearing dollar lets them amended the economics of their strategies without stepping extracurricular their compliance requirements.