Hello Everyone, we're very excited to announce the official launch of the FUSD stablecoin on Flow today, issued by Prime Trust, a fully regulated, US based financial institution.
💸 1:1 USD-backed with global access
💳 Ease of credit card payment options
🧰 Simple dApp integration via Flow Client Library (FCL)
Providing solutions for developers in our ecosystem to ease the friction of consumer onboarding has always been front of mind. One of the biggest pain points both our own team and those building on Flow identified is the lack of easy-to-use fiat onramps for the general consumer audience.
With the 1:1 USD-backed stablecoin accessible globally, FUSD will allow developers to leverage the ease and familiarity of fiat transactions, empowering teams to offer smoother user experience that mainstream consumers are familiar with and expect from modern apps.
We believe FUSD will be a significant tool for the entire Flow ecosystem, and we look forward to seeing development teams make great use of this new feature.
Learn more in our full FUSD announcement:
https://www.onflow.org/post/flows-first-us-dollar-backed-stablecoin-now-available
Share our twitter news:
https://twitter.com/flow_blockchain/status/1402993615861739522?s=20
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