Fosun Wealth's FinChain launches RWA stablecoin FUSD on Avalanche

Fosun Wealth Holdings' blockchain financial platform FinChain has launched the RWA-backed stablecoin FUSD on the Avalanche platform. FUSD is supported by compliant financial assets (including money market funds and government bonds), aiming to provide native yield while maintaining full liquidity, and can be widely used in the DeFi space.