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CoinWorld News reports that Falcon Finance has announced a joint launch of a new institutional payment stablecoin, FUSD, with Anchorage Digital Bank and CeFFu, aimed at providing compliant institutional clients with a non-yield-bearing US dollar token backed by US Treasury bonds. FUSD is described as an "institutional-grade payment stablecoin" and has been launched on CeFFu's custody and staking infrastructure as part of a broader distribution and financial management tool. The token does not pay interest to end users and is intended as a payment and settlement tool rather than an investment product. Falcon Finance stated that FUSD is designed to comply with the Genius Act policy framework to ensure its operation within banking regulatory oversight.