[Falcon Finance Entrusts Anchorage to Issue New Payment Stablecoin fUSD Compliant with GENIUS Standards] According to The Block, Falcon Finance has hired Anchorage Digital to issue a new payment stablecoin, fUSD, which complies with the requirements of the GENIUS Act. The coin is backed by short-term U.S. Treasury bonds, cash, and Treasury-backed repurchase agreements. The federally regulated infrastructure of Anchorage Digital Bank will manage the token's collateral and maintain AML/KYC standards. Falcon stated that fUSD is the regulated version of its existing synthetic stablecoin, USDf. USDf, the 11th largest stablecoin, uses an over-collateralization mechanism and is not covered under the GENIUS Act. fUSD will be deployed as collateral on Binance-affiliated institutional-grade crypto custody platform Ceffu's MirrorRSV solution.