Odaily Odaily reports that FinChain, a blockchain financial platform under Fosun Wealth Holdings, launched FUSD, a stablecoin backed by RWA assets, on its Avalanche platform. FUSD is backed by compliant financial assets (including money market funds and government bonds) and aims to provide native yields while maintaining full liquidity, with broad applicability in the DeFi space. (Avax)
FinChain, a subsidiary of Fosun Wealth, launched the RWA stablecoin FUSD on Avalanche.
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