Anchorage Digital Adds Support for fUSD Stablecoin
Anchorage Digital and the Frgmnt protocol announced a partnership on September 11. Institutional clients can now custody, mint, redeem, and stake fUSD using Anchorage's infrastructure. The stablecoin operates on the Base network and is backed by USDC collateral deployed in DeFi lending markets. Staking fUSD allows users to receive sfUSD and earn rewards from these operations.
Summaries are written by AI from the original article. Not investment advice.