FinChain, backed by Fosun Wealth Holdings, has introduced the RWA-backed stablecoin FUSD on Avalanche. FUSD is collateralized by compliant financial assets such as money market funds and government bonds, aiming to offer native yield with full liquidity. This stablecoin targets broad use cases within the decentralized finance ecosystem on Avalanche.
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FinChain Launches Asset-Backed Stablecoin FUSD on Avalanche to Boost DeFi Yield
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