Fosun Wealth Holdings’ blockchain finance platform FinChain has launched the stablecoin FUSD on the Avalanche network, backed by real-world assets. The token is designed to maintain liquidity while delivering a baseline yield for users and protocols across DeFi.
FUSD is collateralized by compliant financial assets, including money market funds and government bonds, enabling full liquidity and ongoing yield generation. This asset-backed approach aims to provide stability and broad DeFi applicability within the Avalanche ecosystem. The initiative is positioned to support wide DeFi adoption by offering predictable returns and robust liquidity, leveraging real-world asset backing to enhance confidence among investors and developers alike.
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