Dapper Labs Unveils Flow-Native Stablecoin, ‘FUSD’, With Other ERC-20-Like Tokens to Follow

Jun 10, 2021

Dapper Labs, the creator behind the Flow blockchain and NBA Top Shot, announced Thursday it would launch a Flow-native stablecoin called FUSD.

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Dapper Labs, the creator behind the Flow blockchain and NBA Top Shot, announced Thursday it would launch a Flow-native stablecoin called FUSD. This is the first token on Flow that exists similar to how ERC-20-like tokens exist on Ethereum. “The Hash” team explores the new development and what it means for the DeFi space.

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